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Cash Management Solutions

Keep track of your entire cash position, reconcile your accounts and update your books - quickly and easily.

With our Business Online Banking, you can keep track of your entire cash position, reconcile your accounts and update your books - quickly and easily.

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You are on: Royal Online and Royal Online Gold tab

With time always at a premium, business managers want to simply click a button and immediately view business accounts, track and manage cash flows and pay salaries, loans and suppliers online.

Suitable for

Companies with accounts with RBC that require the convenience of managing accounts online.

Features

With Royal Online/Royal Online Gold you can:

  • View deposit, loans and credit card balances online
  • Transfer funds to accounts in your name or third parties
  • Pay Salaries
  • Re-order or place stop payments on cheques
  • Set-up recurring payments
  • Manage finances of multiple branches or companies
  • Download transactional data into your Cash Management Software (e.g. Quicken)
  • And much more!
  • MORE information - full year's transaction history
  • MORE search options - perform customized searches

Benefits

  • Access to your account anytime, anywhere
  • Multi user access
  • Convenient and flexible means of managing your accounts and performing banking transactions online
  • Easy tracking of expenses and account balances

Monthly Fee - Up to 5 accounts - $20.00
Premium-$275 Monthly Fee - Over 5 accounts - $30.00

Sign up today

Why wait in line? Save time and money with Royal Online! Enrol today! Contact your RBC Royal Bank branch for details.

Royal Online Gold - Features and Benefits

Feature Benefit
Ability for clients to perform local and foreign exchange transfers between accounts securely via the internet. No need to visit the bank to perform Foreign Exchanges transactions.†
Ability to send 3rd party payments in several currencies around the world from client's office via the internet Reduces the need to send paper instructions to the bank.†
View balances and transactions for authorized accounts Saves time. Convenience of having information at your fingertips.
Download balances and transaction history using a variety of standard formats for import into client's accounting system. Use of cutting-edge technology to save time. Reduces need for hard copies.
Ability to store payment details for repeated transactions as templates. Reduces processing time for repetitive payments.
Customizable user access: Employee access can be restricted so each employee can only view accounts they are allowed to view. Employee access can be restricted so each employee can only perform transactions they are authorized to perform. Designated users can quickly approve or reject transaction requests.

Confidential information can remain secure.

Allows for appropriate segregation of duties and supports control systems.

Reduces the potential of losses and lowers risk exposure.

Efficient record keeping and accounting which mitigates the need to call the bank

Convenience of having information at your fingertips.

View 12 months of bank account activity.

View 12 months of transactions which were performed using Royal Online GOLD instantaneously

You can easily and securely track and monitor a transaction's progress and approval status at each stage of the workflow - both within your organization and inside RBC Royal Bank. You will always know where your funds are
You can search for transactions by filtering client name, transaction amount or unique reference number. Spend less time researching transactions.

† In some jurisdictions exchange control forms may have to be submitted separately in order to complete Foreign exchange transactions.

You are on: Payment Solutions tab

Payroll Services

Service provided to enable customers to efficiently pay their employees

Electronic

ACH Payroll processing

Cash Parcels

Salary payments which are prepared for employees on the instruction of their employer.

Direct debits

The electronic transfer of a payment directly from the account of the payer to that of the party being paid.

Stop payments

A request made to the Bank by a customer not to honour a cheque issued by that customer. Stop Payments can also be requested on foreign drafts purchased.

3rd Party Payments

This is a payment service used to deposit funds directly into the accounts of other RBC Royal Bank clients. It also offers a safe and reliable method to transfer funds to pay bills.

E-Commerce

E-commerce is a payment gateway which provides the interface between a client's website, the credit card processor and the bank. When a customer makes a purchase on client's website using their credit card the payment gateway (after authorization) settles the amount directly to your account.

RTGS

A system that streamlines settlement of large-value transactions between banks and other financial institutions. Instead of moving physical amounts of cash, the banks transfer the funds electronically.

Business Credit cards

A basic, everyday credit card with similar access and functionality as Personal Credit Card products. It can be used as a substitute to cash and cheque payments and allows access to revolving credit (credit on a regular or occasional basis).It is issued under the VISA brand and may be co-branded or Bank branded only. Differentiated by higher features and benefits related to travel, and higher interchange revenues and may or not have a reward program attached

Benefits

  • Fixed rate of interest
  • Ability to efficiently track and manage all your business expenses
  • RBC Rewards programs
  • Improve cash flow and cut cheque writing costs
  • Easy access to all of your transaction information through Online Banking