You are on: Cash Management tab
Specifically designed for the management of your daily financial transactions and account balances. Our Cash Management solution provides accurate and real-time information about your business transactions, allowing you to make quick and effective decisions
A full range of foreign currency accounts is available for the placement of your funds, on either a short-term or long-term basis:
Whether your business requires the purchase or sale of foreign currencies on a regular basis, we can handle all your needs
Maximise your return on surplus funds placed on deposit in one of our Mutual Funds.
USD and TTD Income and Growth Fund:
USD and TTD Income Fund:
You are on: Reducing Business Risk tab
Managing a business is complex and has many inherent risks. However, you can protect yourself and your business with proper insurance coverage. RBC Royal Bank, through its subsidiaries and alliances, offers comprehensive and competitive insurance plans for your business.
You are on: Working Capital tab
Even the best-run business can find itself short of funds. This is why we offer a credit limit attached to a chequing account that can be accessed as the need arises. Interest is calculated on daily balance and charged monthly- LOCAL AND HARD CURRENCIES
A short term loan based on calculation of interest on the reducing balance, interest is calculated on the daily balance and charged monthly
Assists in financing the sale of goods and services by relieving the seller of the responsibility for tracking payments,. The bank finances the receivables and follows up the collection of funds.
Invoice Finance is the collective name for a range of services which improve business cash flow. The business is paid up to 95% of the Invoice value immediately and the Bank then takes on the responsibility of collecting payment from the client's debtors.
You are on: Capital Expenditure tab
A loan amount based on the calculation of interest on the reducing balance, interest calculated on a daily balance and charged monthly
A loan account based on calculation of interest up front on an add on basis
Asset based lending (ABL) is a form of working capital that is secured by assets like accounts receivables, inventory, machinery, equipment and/or real estate. This form of financing is ideal for companies at a point of transition like starting up, growing organically, by merger or acquisition, refinancing existing debt and management buy-outs. We offer two general ABL products, Margined Working Capital Loan and Selective Invoice Discounting. However, our ABL professionals work closely with clients to establish funding that meets the unique characteristics of our clients' industry and business. This tailored approach is carried through in our ongoing servicing to ensure our ABL solutions enable our client to continue to focus on what they do best - grow their business and succeed.
A loan account primarily for the purpose of purchasing / constructing a commercial building based on the calculation of interest on the reducing balance according to an amortized schedule with the supporting collateral being a mortgage on the property.
This form of financing is typically used for vehicles and other capital equipment .Leasing is a process by which a firm can obtain the use of a certain fixed assets for which it must pay a series of contractual, periodic, tax deductible payments. The lessee is the receiver of the services or the assets under the lease contract and the leaser (the bank) is the owner of the assets.
You are on: Card Solutions tab
A dual currency card based facility specially designed for corporate entities with a pre authorised credit limit that allows point of sale transactions and ATM point of sale transactions and ATM withdrawals locally and internationally. Monthly minimum payment - 5% of outstanding balance
A dual currency card based facility specially designed for the upper end of the market with a pre authorised credit limit that allows point of sale transactions and ATM withdrawals locally and internationally and other special benefits . Monthly minimum payment - 5% of outstanding balance
You are on: Business Enabling Services tab
An instruction from a client not to pay or honour a cheque
A certificate containing information on an account
The preparation of pay packets for employees on request by employer
A deposit receptacle which is located in the Banking hall to facilitate the deposit of cash and cheques without the need to line up at tellers and account is credited same day.
A service that is generally used by business people for the deposit of cash and cheques any time day or night, using disposable bags
A method of transferring funds by mail or telephone to another Bank or branch locally
Debit and Credit card acquiring at Merchants
A certificate prepared by the Bank normally sent to the auditors giving details on a customer's account.
A quick and efficient method of payment to any part of the world
A reference or recommendation given to clients
Corporate clients with a large number of payments can use this service to facilitate payments through the electronic processing of data. Also used for salary payments.
Online Banking services
A draft is normally purchased by persons who need to make payments of a fixed amount locally or abroad. It is a safer more convenient means of payment and also guarantees payment.