Transfer from another bank

This option allows you to transfer money from an existing account you own at another financial institution. This process may take 2-4 business days before your account is open.

Credit/Debit Card

If your Visa or Mastercard bill is sent to your home address (No P.O. Box addresses permitted) you may open your new account using your credit or debit card.  A purchase, not a cash advance, will appear on your account. This process validates your mailing address as well.


Once you complete the application, you may either mail us a check to the address that is provided at the end of your application, or visit any local RBC branch to make a deposit. A deposit must be made within 25 days for the account to remain open.

Direct Deposit

If you wish to set up automated payroll deductions to your new account, or if you would like to establish a recurring deposit, you may want to consider using direct deposit. This option will electronically deposit an amount you specify from your paycheck or bank account to your new RBC account. Once you complete the application, we will provide you the routing and account numbers needed to set up direct deposit. Please use these numbers if you elect to have direct deposits initiated through payroll deduction (you will need to provide your employer with the amount you’d like to contribute through direct deposit).

Transfer from an account

An internal transfer is when you authorize RBC to transfer your opening deposit from a deposit account you already own at RBC. This transfer is processed immediately upon successful completion of this application however the funds may not be made available right away.