How do I write a business cheque?

With a black or blue pen, you can write a business cheque in a few simple steps: Name the payee (business or person you are paying). Write the numerical amount you want to pay. Write that same amount in words. Include a description—it's optional but helpful to include for your records. Sign and date the cheque. Review for accuracy. Need to accept business cheques? See how easy it is to deposit cheques with the RBC Mobile app .

Business Chequing Accounts

Why Choose a Business Chequing Account from RBC

Keep your personal and business transactions separate – you’ll save time and simplify the day-to-day management of your business
Start building a credit profile for your business
Easily make and receive business-related payments

RBC Chequing Accounts

All of our chequing accounts include unlimited Moneris^‡ deposits and come with no minimum balance requirement.

Digital Choice Business Account

Save time and money if you do most of your banking online.

$6 monthly fee³

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Unlimited electronic debits and credits¹
Unlimited electronic cheque deposits⁵
10 free outgoing Interac e-Transfer^‡ transactions²
Unlimited Moneris^‡ deposits

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Flex Choice Business Account

Shift freely between branch and digital channels with savings built-in to match your way of banking.

$7 monthly fee³

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Save 40% on transactions made through RBC Online Banking, the RBC Mobile app and RBC ATMs¹
Preferred pricing on cash deposits made at the RBC ATM or through the Night and Day Deposit⁸ Service
Only pay for what you use – no minimum or maximum transaction limits
Unlimited Moneris^‡ deposits

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Ultimate Business Account

Pay, deposit, transfer and bank as often as you need with a flat-fee account that includes many unlimited features.

$100 monthly fee³

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Unlimited electronic debit and credit transactions^{Legal Disclaimer 1}, and electronic cheque deposits^{Legal Disclaimer 5}
500 outgoing Interac e-Transfer transactions^{Legal Disclaimer 2}
Free cash deposits up to $25,000
100 free paper transactions per month
Monthly fee waiver with $75,000 minimum daily balance⁶
Unlimited Moneris^‡ deposits

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Pick the Most Cost-Effective Business Chequing Account

Use the Tool

RBC Specialty Accounts

When your business has unique needs or supports a specialized market.

Flexible banking

Community and Not-For-Profit Account

Better support local communities with a low-cost account that supports your efforts.

$3.75 monthly fee³

Find a Branch

Low monthly fees can help maximize your support of local communities
Pay no fees for the first three months²
Receive 25 personalized duplicate cheques and deposit slips when you open your account

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USD banking

US Dollar Business Account

Save money on your foreign exchange while making and accepting payments in U.S. dollars.

$9 monthly fee³

Find a Branch

Make and receive payments in U.S. dollars
Pay-as-you-go pricing means you only pay for what you use
Save even more when you hold a minimum balance of $2,500³

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Ready to Get Started?

Locate a Branch Near You

Find a Branch

Call our 24/7 Business Helpline

1-800-769-2520

^®/TM

Trademark(s) of Royal Bank of Canada.

^‡

All other trademarks are the property of their respective owner(s).

Includes the standard fees for posting electronic debit or credit transactions to the account and excludes any other services and transactions such as Interac e-Transfer transactions, Pay Employees & Vendors (PEV), cheques and cash deposited at RBC ATMs for which standard fees and charges apply.

Only includes outgoing Interac e-Transfer transactions sent on the RBC Online Banking for business or RBC Edge platforms. Excludes all other Interac e-Transfer services such as Autodeposit, Request Money, Request Money Fulfillment and Bulk Interac e-Transfer service. Standard fees and charges apply for transactions exceeding the number included in the account package.

Standard fees and charges apply for services and transactions exceeding the number included in the account package.

Fee waiver applies only to the monthly package fee when the minimum daily balance is held for the entire month.

Includes cheques deposited through the RBC Mobile app, RBC ATMs and ChequePro.

Fee waiver applies only to the monthly package fee when the minimum daily balance is held for the entire month.

Includes unlimited number of items deposited via an RBC branch, RBC ATM, RBC Mobile Cheque Deposit or Night and Day Deposit. Cost of processing an electronic credit or paper deposit to the account still applies, unless otherwise included.

The Night and Day Deposit service may not be available in all areas. Fees and charges may vary based on location. Other fees and charges may apply.

Business Chequing Accounts

Supporting the Day-to-Day Financial Needs of Your Business

Why Choose a Business Chequing Account from RBC

RBC Chequing Accounts

Digital Choice Business Account

Flex Choice Business Account

Ultimate Business Account

Pick the Most Cost-Effective Business Chequing Account

RBC Specialty Accounts

Community and Not-For-Profit Account

US Dollar Business Account

Ready to Get Started?

Locate a Branch Near You

Call our 24/7 Business Helpline