If you have a personal chequing account, it is free to send or receive an Interac e-Transfer. Some mobile providers may charge the recipient a small service fee for email or text notification depending on their data plan.
| Personal Chequing Accounts | Fees: |
| Send money via Interac e-Transfer from your RBC personal chequing account | Free |
| Receive money via Interac e-Transfer to your RBC personal chequing account | Free |
| Fulfill an Interac e-Transfer money request from your RBC personal chequing account | Free |
| Personal Savings Accounts | |
| Send money via Interac e-Transfer from your RBC personal savings account | $1.00 |
| Receive money via Interac e-Transfer to your RBC personal savings account | Free |
| Fulfill an Interac e-Transfer money request from your RBC personal savings account | $1.00 |
| Business Accounts | |
| Send money via Interac e-Transfer from your RBC business account* | $1.50 |
| Receive money via Interac e-Transfer to your RBC business account | Free |
| Fulfill an Interac e-Transfer money request from your RBC business account | $1.50 |
| Other Interac e-Transfer Fees | |
| Cancel an Interac e-Transfer | Free |
| Reclaim fee for expired Interac e-Transfer not cancelled by the sender (see Important Information) | $5.00 |
Transfers to Another RBC Royal Bank Customer from your RBC Royal Bank credit card account are treated as cash advances (up to your available credit and daily limits). For that reason, the standard annual interest rate on your credit card is applied from the day the cash advance is posted until the balance is paid in full. Note: In this case, a $3.50 cash advance fee per transaction will be charged to your RBC Royal Bank credit card.
*Some business account packages include a number of free Interac e-Transfer transactions.
FAQs
The short code 72272 is used to send financial Alerts that you have requested in RBC Online Banking1 or the RBC Mobile1 app. To confirm that you would like to receive Alerts from RBC Royal Bank, please text the keyword ALERTS to 72272. To sign up or manage these Alerts, please visit RBC Online Banking.
How to get free $100 from RBC? ›
You only need to open the RBC Advantage Banking for students account and complete the qualifying criteria to receive the $100 cash offer. How old do I need to be to qualify for the Advantage Banking for students $100 cash offer? The $100 cash offer is available for anyone who is 13+ and full-time students.
What is RBC catch phrase? ›
Let's Make Someday Happen™ – RBC Royal bank.
Why is RBC asking for 2 step verification? ›
2-Step Verification means we'll send a message to your chosen trusted device whenever someone tries to sign in from another device. This allows you to stop someone from accessing your account if you are not the person signing in. 2-Step Verification is easy to set up.
How do I get RBC notifications? ›
How do I opt in to receive Alerts & Notifications? To receive Alerts & Notifications, log into RBC Digital Banking and select “Manage Notifications” from Settings (if using your mobile device) or Services (if using a web browser).
Does RBS text you about suspicious activity? ›
Please note that we will never ask for your full password or any sensitive account information, including card-reader codes. If we are unable to reach you then we may leave a voicemail, send you a text message or a letter to your registered address advising what you need to do to contacts us.
Why did RBC give me $100? ›
“Bonus Amount” means the amount of $100 credited to the Eligible Personal Banking Account you open as part of your participation in this Promotional Offer, provided you have fulfilled all Qualifying Criteria, and met all terms and conditions for the Promotional Offer.
Why did RBC give me 75 dollars? ›
You must select one charity from our list of participating charities to receive the $75 donation. When do I get the donation money? You will receive $75 deposited into your new bank account upon opening an eligible bank account and completing the qualifying criteria.
What is the minimum bank balance for RBC? ›
No minimum balance requirement. Unlimited free branch/cheques items. Unlimited free RBC ATM withdrawals using RBC Visa Debit Card. Overdraft facility available once qualifying criteria is met.
What does RBC stand for? ›
A red blood cell (RBC) count measures the number of red blood cells, also known as erythrocytes, in your blood. Red blood cells carry oxygen from your lungs to every cell in your body.
The hold period allows the Bank to verify that funds will be available from the account at the other financial institution on which the cheques and other negotiable items are drawn. > Twenty-five (25) business days for cheques and other negotiable items drawn on foreign banks other than U.S.
What is the fancy term for RBC? ›
Also called erythrocyte and RBC. Blood cells. Blood contains many types of cells: white blood cells (monocytes, lymphocytes, neutrophils, eosinophils, basophils, and macrophages), red blood cells (erythrocytes), and platelets.
How do I avoid 2-Step Verification? ›
Turn off 2-Step Verification
- Open your device's Settings app and tap Google. Manage your Google Account.
- At the top, tap Security.
- Under "How you sign in to Google," tap 2-Step Verification. You might need to sign in.
- Tap Turn off.
- Confirm by tapping Turn off.
2FA can be vulnerable to several attacks from hackers because a user can accidentally approve access to a request issued by a hacker without acknowledging it. This is because the user may not receive push notifications by the app notifying them of what is being approved.
How safe is RBC? ›
RBC is one of the safest banks in the world, and deposits are backed by the Canadian Deposit Insurance Corporation which protects your savings up to $100,000.
Would a bank send a text message? ›
Banks Rarely Text Messages to Its Customers Out of The Blue
The site will then ask you to enter sensitive information such as banking login details. Your bank will never send you text messages asking you to confirm your account details or reset your password. Such SMSes are from scammers.
Do banks use SMS messages? ›
Most banks today use SMS as their second authentication. SMS is not solely widespread in the BFSI.
Why do banks send SMS to your phone? ›
It also helps banks send important notifications, such as fraud alerts or balance updates, to ensure customers are aware of their account status and able to take proper precautions. SMS also provides a key customer service tool. Banks can use text messages to provide customers with one-on-one support.
Is the RBC mobile app safe? ›
Yes, RBC Mobile Banking is covered by the Online Banking Security Guarantee which protects your account against unauthorized transactions. In the unlikely event that you suffer a direct financial loss due to unauthorized activity, we will fully reimburse you, provided you have met your security responsibilities.
