From Start to Finish, Take Care of Your Business Banking From Anywhere.

Get your business bank account number online in less than 15 minutes, start by

Get Tools, Features and Savings to Help You Start & Grow Your Business

Request Money Through the RBC Mobile^{Legal Disclaimer 2} app

Instantly send payment requests to your clients by using Interac e-Transfer^{Legal disclaimer (double dagger)‡}. Request up to $10,000 from each client/day.

No Minimum Balance Requirement

Take advantage of time- and money-saving features with no minimum balance required in your RBC business bank account.

Unlimited Moneris^{Legal disclaimer (double dagger)‡} Deposits

Accept payments however your customers want to pay you - there's no limit on credit and debit card transaction

Become an RBC Business Client

Apply online for an RBC business bank account, and in less than 15 minutes¹ you can get your business bank account number.

You may need to stop by a branch to quickly verify your identity and activate your account.

Useful Tip! Once you’ve opened your business bank account, download the RBC Mobile^{Legal Disclaimer 2} app to take advantage of the features that can help you manage your business.

Choose an account to become an RBC Business client:

RBC Digital Choice Business Account Package

Unlimited electronic debit and credit transactions⁴
Unlimited electronic cheque deposits⁵
10 free outgoing Interac e-Transfer transactions⁶
Unlimited Moneris^‡ deposits
No minimum balance requirement

$6.00 /mo³

Open Bank Account (RBC Digital Choice Business Account Package)

Most Flexible

RBC Flex Choice Business Account Package

Save 40% on fees for transactions made through RBC Online Banking, the RBC Mobile app² and RBC ATMs⁷ versus paper transactions
Save on cash deposits at the RBC ATM⁷ and through the Night and Day Deposit⁸ Service
Only pay for what you use – no minimum or maximum transaction limits
Unlimited Moneris^‡ deposits
No minimum balance requirement

$7.00 /mo³

Open Bank Account (RBC Flex Choice Business Account Package)

You can also open a business account over the phone without coming into the branch.

Call 1-866-864-7929

Help Me Choose the Right Account

Answer a few short questions and we’ll recommend the right account to match your business needs. Choose one answer for each question

Based on your answers, we recommend (2 products)

^® / ™

Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada.

^‡

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

In order to get a business bank account and account number online, the business must be a sole proprietorship or a single-owner corporation, in each case, with only one authorized signatory. The business must be registered in Canada or a business operated in Canada by a natural person who is a permanent resident of Canada. Additionally, the authorized signatory completing the online application on behalf of the business must successfully complete the personal identification portion of the application, including, without limitation, a credit bureau report to the satisfaction of Royal Bank of Canada. Multi-owner businesses or businesses that have more than one authorized signatory will be directed to the branch to get a business bank account and account number. Issuance of an account number does not guarantee that the account is operational. RBC may restrain the use of the account and require the business client to visit a branch to satisfy any outstanding requirements prior to operating the account. RBC reserves the right, in its sole discretion, to require that the business client visit a branch to complete the application. A business client that successfully completes the online application will still need to visit a branch to obtain a business client card and sign additional documentation, even if a bank account number has been issued.

Actual completion time may vary from person to person and may be affected by a variety of external factors, including internet navigation speed and other interruptions. RBC does not accept any responsibility for any damage or loss that any parties might suffer resulting from any deviations from time indicated.

RBC Mobile is offered by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

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

⁴

Includes electronic (digital) debit and credit transactions to the account, such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online. For full list of fees not included with the account review the RBC Digital Choice Business Account Package page.

⁵

Includes cheques deposited through the RBC Mobile App, RBC ATM and ChequePro.

⁶

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.

⁷

Savings accrue from lower standard processing fees charged on electronic (digital) debit and credit transactions (vs. paper) such as online bill payments, pre-authorized payments (PAPs) and point of sale (POS) transactions. Standard account fee per electronic credit and debit transaction is $0.75 versus $1.25 per paper transaction. Fees and charges may vary based on location. Standard fees apply for other services, including cheques and cash deposited at RBC ATMs, Pay Employees & Vendors (PEV), Interac e-Transfer transactions and wire transfers not expressly included in the package when completed online.

⁸

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.