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 of Canada. | 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.
†† Credit card transaction history is maintained for 45 days.