Sending a wire to your rbc bank account involves two steps.
Rbc international wire transfer online.
International money transfers are another great way to send smaller sums of money overseas or across the border and they can be done through rbc online banking 1 or the rbc mobile app 1.
Wire transfers instructions for receiving wire transfers to insure a smooth and efficient process there are a few things you need to know before initiating a wire.
Rbc charges a flat fee of 13 50 for all money transfers made through their online platforms.
A theoretical online bank transfer sending c 1000 from canada to a pound sterling bank account in the uk.
Learn more about international money transfers.
5 if you are eligible we may give you the option to exceed the maximum daily limit up to 10 000 cad per day if you successfully complete an additional authentication process.
Send 2 500 per day in rbc online banking 3 and the rbc mobile 3 app whenever it s convenient for you.
3 rbc online banking and the rbc mobile app areprovided by royal bank of canada.
Note of caution on fees.
Rbc s name and address rbc royal bank trinidad and tobago port of spain trinidad.
4 additional service fees by any intermediary and receiving bank may apply.
Step 1 the wire must first be sent through a receiving intermediary bank.
With the rbc international money transfer service you can send money to almost any country in the world including the u s 1 for just 6 for transfers of 1000 or less or 10 fee for transfers over 1000 2.
This bank accepts the wire on rbc bank s behalf.
Wire transfers can be completed at your branch or using internet banking.
When you send or receive a wire payment through rbc it must include certain information to satisfy our internal compliance requirements.
Online wires sent to a bank outside the u s.
You may be surprised to see that in rbc an international money transfer and an international wire transfer are two separate things.
Send funds anywhere in the world quickly and securely via swift society for worldwide interbank financial telecommunications.
The rest of their profit comes from adding a margin of around 2 5 to the mid market rate which is the rate that the banks trade at.
Wire payment or wire transfer if you need to send or receive money quickly and safely a wire payment also called a wire transfer can be the most reliable option.
If your money transfer involves currency conversion there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees we recommend services like transferwise for getting best conversion rates and lower wire transfer fees.
In foreign currency fx have no chase wire fee for amounts equal to 5 000 usd or more or only a 5 chase wire fee when less than 5 000 usd send international wires.
Rbc exchange rates and fees.