RBC Royal Bank Digital Choice Business Account

RBC Royal BankBusiness chequing

RBC Royal Bank · Business chequing

Business account

$6.00 a month with unlimited transactions.

Monthly fee$6.00
Transactions includedUnlimited
Interest rateNone published
Deposit insuranceInsured

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
$6.00
In-branch transaction
$1.25
Extra electronic transaction
$0.75

What is included

Transactions each month
Unlimited transactions
Interac e-Transfers
10 a month
Fee per e-Transfer beyond that
$1.50
Cash deposits free each month
$1,000
Cash deposit fee after that
$5.00 per $1,000

Who can open it

US dollar account
No

Deposit protection

Insured by
CDIC

Where these figures come from

Figures checked on
August 19, 2026

Notes

Unlimited electronic debits/credits and unlimited electronic cheque deposits; unlimited Moneris deposits. Extra electronic transaction fee applies to transaction types outside the unlimited electronic bundle.

Where the institution contradicts itself

Cash deposit pricing ($1,000 free then $5.00/$1,000) read from the fee-schedule PDF only; the product page does not restate it.

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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.