U.S. Banking for Canadians
If you are a resident of Canada who visits or travels to the United States regularly, you have a very specific and unique set of banking needs. RBC Bank offers convenient and accessible banking solutions to give you financial peace of mind...on both sides of the border.
To find out about how RBC can help you enjoy your Florida stay, contact Arleen Martin your relationship banker at RBC Bank (USA).
Be sure to mention that you read about "RBC Access USA" on my web site.
Your Relationship Banker:
 | Arleen can be contacted at: Tel: 941.727.6880 FAX: 941.727.6985 E-mail: arleen.martin@rbc.com |
Mortgages:
RBC Bank has special rate mortgages, just for Canadians. They also have a non-recourse loan, which gives Canadians a tax break.
For more information, please call:
Stephanie McCulloch, Mortgage Loan Officer, RBC Bank USA
1549 Ringling Boulevard, Sarasota, FL 34236
 | Stephannie can be contacted at: |
RBC Access USA Checking Account Packages
Choose from two comprehensive packages designed to help you take full advantage of RBC banking services while you are in the U.S.
Access USA®
Avoid Monthly fees with $700 minimum balance (otherwise $3.95 US)
Includes free Online Banking and Bill Pay.
- Free check card
- No-charge check writing
- No RBC Bank fees for ATMs transactions; get rebates on fees charged by other bank ATMs
Access USA Preferred - Has all the benefits of Access USA, PLUS:
- Interest-bearing checking account
$5,000 minimum monthly balance, $10,000 monthly deposits or $20,000 combined balance of deposits and credit lines ($29.95 US per month if minimum is not met) - No-fee U.S. Dollar Visa Gold card with RBC Rewards
- Preferred rates on currency exchange and travel insurance by RBC Insurance
- No-fee travelers checks
- Free safe deposit box
Online Banking & Bill Pay
Access USA includes free Online Banking & Bill Pay with single-sign-in access to your RBC Royal Bank® (Canada) and RBC Bank (U.S.) accounts. In addition to everyday Online Banking & Bill Pay benefits, Canadian customers may:
- Sign in once to view U.S. and Canadian RBC accounts at the same time
Transfer money instantly between accounts at RBC Royal Bank and RBC Bank in the U.S. - Pay U.S. or Canadian bills with free online bill pay
Home Mortgages
When it's time to buy or refinance a home in the U.S., RBC Access USA clients can obtain RBC Bank mortgages and other lending services tailored for Canadians. RBC Bank can help you leverage your Canadian credit history to make it easier to qualify for U.S. loans and establish a U.S. credit history.
U.S. Banking for Canadians FAQS
How can I apply for the RBC Access USATM Preferred Service?
It's easy! Simply visit your nearest RBC Royal Bank branch in Canada or your nearest RBC Bank banking center in the U.S. and speak with a banking specialist. If you have questions, or would like to receive additional information about RBC Access USATM. Please call 1-800-769-2553 to speak with a representative.
Can I sign up for the RBC Access USA Preferred Service while I'm in Florida?
Yes - If you already have a relationship with RBC you can sign up for the RBC Access USA Package by visiting any RBC Bank branch in Florida or by contacting your Canadian branch. The RBC Access USA Package offers premium services not available on a stand-alone basis to meet your financial needs on both sides of the border. To ensure everything is in order when you arrive in the U.S., sign up for the RBC Access USA Preferred Package before you leave Canada.
What is One Sign In?
Using My ViewTM account aggregation, One Sign In gives clients the ability to view both Online Banking (RBC Royal Bank) and Online Banking (RBC Bank) accounts at the same time, in one online session. Clients only have to sign in once to view all their accounts with both institutions.
Note: Clients can aggregate Business Banking Accounts or RBC Bank Accounts at the same time, but not both at the same time. One Sign In gives clients the ability to view only two relationships at the same time.
What are the benefits of One Sign In access?
It is convenient to have access to both RBC Bank and RBC Royal Bank accounts at the same time. Clients don't have to remember two passwords every time they want to log in. It is also fast and easy to transfer funds between eligible accounts, and transfers can be made in either USD or CAD, at competitive exchange rates. All at no additional cost!
What if a client already has One Sign in access to their RBC Business and Personal accounts and want to add their RBC Bank accounts?
They will need to remove access to their RBC Business account to add their RBC Bank accounts. They are only permitted two tabs at any time. Access to their RBC Business account can be added back at any time (they must first remove access to their RBC Bank account).
What accounts are eligible for online instant money transfers?
Transfers can be made between RBC Royal Bank Savings and Chequing accounts, and RBC Bank Savings, Checking and Money Market accounts.
What other options do clients have for transferring money between RBC Bank and RBC Bank?
Clients can choose between either self-service via RBC Royal Bank Online Banking or RBC Bank Online Banking or they can call 1-800-769-2553 and have a Royal Direct representative assist them directly.
What are the cross border transfer limits?
For online funds transfers, the limit is up to and including $25,000 (CAD or USD) per transaction. For amounts in excess of $25,000, clients should contact Royal Direct at 1-800-769-2553 and a representative will assist them.
Why can clients transfer $100,000 over the telephone but only $25,000 online?
Clients often require assistance in making funds transfers greater than $25,000. Our Royal Direct agents are specially trained to ensure that clients access the appropriate product at the best rates available.
Is there a fee for the online instant money cross-border transfer?
At this time, there is no additional fee for the transfer. Existing account fees apply. Please refer to the Service Pricing Fee Schedule.
How long does it take for the money to move between accounts?
The movement of funds is reflected immediately in the available balances of all accounts affected. This means that clients have immediate access to their funds at the time of the transfer. Transactions made on RBC Bank accounts will appear in the account's transaction history the next business day.
Can online instant money cross-border transfers be reversed?
No. There is no option to reverse a cross-border transfer due to the differences in exchange rates. Another transfer is required should the client wish to offset the previous one. Please note that there will likely be an exchange rate differential.
How can I check the current rate of exchange without actually transferring money?
The conversion rate is stated on the "Confirm Transaction" page in Online Banking. This page gives clients the opportunity to review the transaction before it is processed.