For Small Businesses with Just One Online Banking User

If you’re a sole proprietor or the only one managing your business banking, RBC Online Banking1 for Business can help. It’s best suited for businesses that need domestic currencies and standard payment solutions.

Note: Fees apply for certain services.

In-Table
Table Heading RBC Online Banking for Business RBC Express Banking (and Connected Platforms)
Maximum Number of Users 1 Unlimited
Manage Banking for More Than One Entity Checkmark
Access Your Company’s Banking 24/7 Checkmark Checkmark
Bank on the Go with a Mobile app Checkmark Checkmark
View and Manage Accounts in Canadian and U.S. Currencies Checkmark Checkmark
Access Information on Operating Accounts Located Outside of Canada, in Local or International Currencies Checkmark
Make and Receive Payments in Local and International Currencies Checkmark
Manage Foreign Exchange Checkmark
Bill Payments and Account Transfers Checkmark Checkmark
Direct Deposits for Employees, Vendors and Suppliers Checkmark Checkmark
Send Domestic and International Wire Payments Checkmark Checkmark
Tax Payments and Filing Checkmark Checkmark
ACH Payments (Electronic Funds Transfer) Checkmark
Bulk Payment Files (manual upload or host-to-host) Checkmark
Interac e-Transfer for Business Up to $2,000 Up to $25,000 (via RBC PayEdge)
Email/SMS Money Transfers Checkmark Checkmark
Interac e-Transfer Autodeposit Checkmark Checkmark
Deposit Cheques from Anywhere Checkmark Checkmark
Multiple Cheque Deposit Checkmark
High Volume Paper Cheque Management Service - Lockbox Receivables Service Checkmark
Cheque Fraud Prevention Tools Checkmark
Collect Membership Fees or Recurring Payments Checkmark
Reconcile Payments and Accounts Receivables Checkmark Checkmark
Balance Reporting Checkmark
Chargeback Reporting Checkmark
Incoming Wires Reporting Checkmark
Fee Details (for Reporting and Monitoring) Not applicable Monthly Fees Starting at $03
Manage Business GICs Checkmark Checkmark
Manage Your Credit Online Checkmark Checkmark
View Loan Balances Checkmark Checkmark
Access to other connected RBC platforms that are purpose-built to support more complex banking needs, such as:
  • Payables automation
  • Virtual account management
  • Liquidity management
  • High-volume cheque receivables solutions
  • Bill payments receivables solution
  • Trade financing solutions
Laptop computer and mobile phone displaying online banking

Review your accounts, pay bills, transfer funds and file government remittances all in one place.

Bank with RBC Online Banking for Business

  • View and track expenses and payments
  • Set up recurring payments to employees or vendors, or make a one-time Interac e-Transfer transaction
  • Access current and past business transaction information, including up to 7 years of transaction history
  • Make international wire payments in over 30 currencies
  • Review and submit your business taxes through Online Tax Filing
  • View Canadian and U.S. business banking accounts on one page
  • Reconcile payments and accounts receivables through Pay & Sync

Toggle between business and personal RBC accounts, deposit cheques and more from your Android or Apple device.

Bank with the RBC Mobile1 app

  • View account balances and transaction details for bank accounts, credit cards and loans
  • Pay bills, transfer money between accounts, and send Interac e-Transfer payments to vendors and suppliers
  • Deposit cheques from anywhere through Mobile Cheque Deposit
  • Remind clients about outstanding invoices and receive real-time notifications with the Request Money feature
  • Lock a misplaced client card or credit card directly from your phone
  • Get timely trends, alerts and overviews of your cash flow using NOMI

Get the RBC Mobile app today:

Mobile phone displaying mobile banking app

Need to Enrol?

Our dedicated specialists will work with you to provide the financial advice and solutions that best suit your business.

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