Business Enabling Services
| Service | Description |
|---|---|
| Stop Payment | An instruction from a client not to pay or honour a cheque. |
| Certificate of Balance / Interest Paid | A certificate containing information on an account. The bank can confirm the balance held in your account to submit to Embassies for Visa Application, or send you a Certificate stating the total amount of interest paid in a certain period. |
| Non-Stop Depository | A service that is generally used by business people for the deposit of cash and cheques any time day or night, using disposable bags. |
| Point of Sale | Enables a merchant to accept client payments for goods and services in-person via a point-of-sale device or online using a website or secure payment link. |
| Audit Certificate / Confirmation | A certificate prepared by the Bank normally sent to the auditors giving details on a customer's account. |
| Letter of Reference | A reference or recommendation given to clients. RBC can send reference letters on your behalf to other institutions or individuals (e.g. schools and mortgage companies). |
| Digital Banking | Digital (Online & Mobile) Banking services |
| Bank Drafts | A draft is normally purchased by persons who need to make payments of a fixed amount locally or abroad. |
| Traces | You can investigate the location of a draft or wire transfer that you have issued and has not been received by the beneficiary. |
| Interim duplicate statements | You can request account statements requested by customers from time to time in between statement cycles. |
| Night Depository |
Night depository is available for business and commercial clients who make deposits after regular banking hours. Please contact your nearest branch to find out more about this service. Features and Benefits:
|
| Exchange of notes or coins | You can bring in coins to either be deposited into their accounts or exchange for notes. |
To learn more about how RBC could help your business, please call your nearest branch for details on our diverse menu of support services.
Specialized Business Services
When expanding, diversifying or divesting ownership of your business, you may require a high level of expertise and experience.
You may need advice on:
- Mergers and acquisition
- Complex and specialized trust services
- Share and bond registrar services
Our wide range of specialists within RBC Royal Bank will work closely with your existing advisors, lawyers, accountants etc. on specialized solutions so you have full support no matter how complex your needs.
Through RBC Merchant Bank (Caribbean) Ltd we can advise and execute on the following:
- Initial Public Offerings (IPOs) - First sale of stock to the public
- Offers for Sale - Offering shares of public companies or major shareholders for sale at a fixed price directly to the public in e.g. newspaper ads
- New share Issues – Raising of additional capital by increasing the number of outstanding shares.
- Mergers and acquisitions
Through our affiliates we can:
- Act as custodian or trustee for debenture/bondholders and sinking funds
- Hold investments on behalf of its clients - Nominee services
At RBC Merchant Bank (Caribbean) Ltd we can:
- Offer customized portfolio solutions Investment Management Accounts (IMAs)
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Ready To Get Started?
Reach out to your Relationship Manager directly, or contact us to discuss your business needs.
