Manage Your Foreign Transactions
Minimize your foreign exchange risk of buying and/or selling outside of Canada, regardless of the currency(ies) of your payables or receivables.
Call our 24/7 Business Helpline
1-800-769-2520U.S. Dollar Foreign Exchange
Optimize the Value of Your Company's U.S. Dollar Cash Flows
Transacting in U.S. dollars—or any other foreign currency—can be challenging. The timing of your currency conversions can often have a major impact on the bottom line of your business.
As you navigate the challenges and opportunities of doing business in the U.S., we can help you improve your U.S. dollar cash flows by maximizing the value of your U.S. dollar receivables and minimizing the cost of your U.S. dollar payables.
Take advantage of our competitive exchange rates and simplify your business processes with our fast, accurate execution of your foreign exchange transactions.
Transacting in U.S. Dollar
You can make and receive payments in U.S. dollars without having to open a U.S. account:
- Choose the payment method that matches your needs and then convert your Canadian dollars to U.S. dollars when the payment is sent.
- U.S. dollar receivables—cheques, drafts, money orders and wire transfers—can be sent directly to your Canadian dollar account for conversion and deposit.
Read More about U.S. Dollar Foreign Exchange
Choose from a Full Range of Foreign Exchange Services
As your business grows internationally, you can choose from a comprehensive range of foreign exchange services.
- Minimize your exchange rate risk on future transactions
- Optimize the Value of Your Company's U.S. Dollar Cash Flows
- Improve your business planning
International Foreign Exchange
Optimize the Value of Your Company's Foreign Currency Cash Flows
Transacting business in any foreign currency can be challenging—and the timing of your currency conversions can often have a major impact on your business results.
As you navigate the challenges and opportunities of doing business around the globe, let us help you improve your foreign currency cash flows by maximizing the value of your receivables and minimizing the cost of your payables.
Take advantage of our competitive exchange rates and simplify your business processes with our fast, accurate execution of your foreign exchange transactions.
Foreign Currency Transactions
You can make and receive payments in foreign currencies using your existing accounts with RBC Royal Bank in Canada:
- Choose the payment method that matches your needs and then convert your Canadian dollars to foreign currency when the payment is sent.
- Foreign currency receivables—cheques, drafts, money orders and wire transfers—can be sent directly to your Canadian dollar account for conversion and deposit.
Read More about International Foreign Exchange
Choose from a Full Range of Foreign Exchange Services
As your international business grows and changes, you can choose from a comprehensive range of foreign exchange services.
Whether your transactions are for $100 or $100 million, foreign exchange solutions will help you to:
- Minimize your exchange rate risk on future transactions
- Optimize the Value of Your Company's Foreign Currency Cash Flows
- Improve your business planning
Our Most Popular Paying and Receiving Solutions
Automated Payroll Solutions
Streamline your employee payroll process with ADP—with automatic tax remittance and deposits.
Payment Solutions
Improve your cash flow with Moneris—one of the largest payment processor's in North America.
Pre-authorized Debit
Automatically collect recurring, fixed or variable receivables from your customers electronically.
Ready to Get Started?
Our dedicated specialists will work with you to provide the financial advice and solutions that best suit your business.