RBC Royal Bank Ultimate Business Account

RBC Royal BankBusiness chequing

RBC Royal Bank · Business chequing

Business account

$100.00 a month with unlimited transactions, waived if you keep $75,000 in the account.

Monthly fee$100.00Waived at $75,000
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
$100.00
Fee waived with a balance of
$75,000

What is included

Transactions each month
Unlimited transactions
Interac e-Transfers
500 a month
Cash deposits free each month
$25,000

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 plus 100 paper transactions per month. Standard per-item fees apply beyond package limits; RBC does not publish those overage rates on the product page.

Where the institution contradicts itself

Product page says the $100 monthly fee is waived with a $75,000 minimum daily balance; the fee schedule text indicates the $75,000 balance rebates $75.00 of the fee. Recorded as a waiver at $75,000 with this discrepancy flagged.

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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.