Send Funds to RBC Dominion Securities

We have added a new payment function “Send to RBC Dominion Securities”. You can now access this new feature by selecting the “Payments” menu on web and iOS devices or the “Transfer Funds & Pay Bills” menu on Android devices.

All personal, private, business and corporate banking clients*. For business and corporate clients, you will need to ensure you have the appropriate permissions to send Wire Transfers since this new feature leverages existing wire transfer functionality.

*Barbados, Bahamas, Turks & Caicos, Cayman Islands at this time.

Please refer to the video and the help icons in Web, Android and iOS for additional tips to ensure you are inputting all the required information.

Personal, private, business and corporate banking clients* can access this feature in one of two ways, depending on which platform is being used:

• On Web and iOS devices, select ‘Payments’
• On Android devices, select ‘Transfer Money & Pay Bills’

*Barbados, Bahamas, Turks & Caicos, Cayman Islands at this time.

Private Banking and VIP Banking clients will be exempted from Wire Transfer fees for transfers to RBC Dominion Securities ONLY. Otherwise, the same fees and service charges will apply. Please refer to our Schedule of Fees & Service Charges or contact our Client Advice Centre for more details.

The help icon will direct you to our Digital Banking Hub and our Frequently Asked Questions section. Here are some additional guidelines:

• Under the ‘Payments’ tab (or the ‘Transfer Money and Pay Bills’ tab on Android devices), select ‘Send to RBC Dominion Securities’.
• Enter the “From” account and amount. When Canadian or US dollar currency is selected, the wire transfer details are auto-populated with the RBC Dominion Securities BIC (Bank Identifier Code) and other payment information, including beneficiary and intermediary bank information (applicable for US dollar transfers only). For all other currencies, please send a regular wire transfer.
• You must indicate ‘RBC Dominion Securities Payment Info’. For example: ‘For further credit to 123-45678-90 in the name of John Doe’. Please refer to the video above or access these helpful tooltips in Web, Android or IOS.
• You will then be prompted to verify the transaction transfer information in the ‘Transfer Details’ screen. Once verified, you can submit.

Note: If you are a Private Banking or business/corporate banking client and the payment requires approval, you can view it in 'Approvals & Processing'. If not, you will see it in the 'History & Upcoming' tab.

You will not be able to save a template for this function, however, if you had a previously saved wire template, you can opt to delete that template and utilize the new simpler, faster and more convenient method of conducting this transfer.

The transfer and all relevant information you need will appear in your transaction history and in the ‘History & Upcoming’ tab once processed. For a Business/Corporate banking client, if a payment is waiting for approval please review the ‘Approvals & processing’ tab.

For personal banking clients, limits are based on individual entitlements related to your RBC Client Card. For business and corporate clients, limits will be based on same permissions assigned to the Wire Transfer feature. Business and Corporate clients can engage their Relationship Manager, otherwise call our Client Advice Centre for more information.

The ‘Send to RBC Dominion Securities’ payment function is essentially a wire transfer. There is no change to the processing time for wire transfers using this method, however, you will enjoy a simpler, faster and more convenient method to fund your RBC Dominion Securities investment account(s) denominated in Canadian or US dollars.

Yes. The ‘RBC Dominion Securities Payment Info’ is very important. Please refer to the tooltips for account number format and instructions. For example: ‘For further credit to 123-45678-90 in the name of John Doe’.

You are required to state the intended purpose of certain transactions to satisfy RBC’s regulatory reporting requirements.

We are here to help! Please be sure to check your transaction history and the ‘History & Upcoming’ tab because your payment may have been returned to your account. Business and Corporate clients can refer to their Relationship Manager, or otherwise contact our Client Advice Centre should you have a question about any payment.