How To Add Money To Ram Account

With your new investing business relationship now in place, you'll need to fund it to commencement interim on your investment decisions. At that place are several ways to do so. Learn more about each below.

How to Transfer Cash from your RBC Online Banking Business relationship

There are three ways for RBC clients to move money into their straight investing business relationship:

1. RBC Online Cyberbanking. Employ the aforementioned login as you do for online banking to transfer greenbacks in real-fourth dimension¹ from a personal chequing or savings business relationship to a personal D­irect Investing account (non-registered and registered). The characteristic is called "Transfer to Direct Investing or InvestEase" and tin can exist found under the online cyberbankingPay Bills and Transfer Funds folio.
2. RBC Direct Investing Site.Log in to the site and select Transfer Greenbacks & Strange Exchange from nether theMy Portfolio menu. Follow the steps to movement money from your RBC chequing or savings accounts, or RBC Rewards® points (see more below), to your RBC Direct Investing account.
3. RBC Mobile² App.If yous've linked your cyberbanking and RBC Directly Investing accounts, simply open or download the app and select RBC Direct Investing from the main menu when you log in. And so, select "Transfer Funds" under the yellow Action push button or the More menu to move money from your RBC chequing or savings accounts to your RBC Straight Investing accounts. (The mobile app is likewise the fastest style to eolith funds by cheque; learn more in You've Opened Your Investing Account. Now What?)

How to Transfer in Cash from Another Financial Institution

If you banking company online somewhere other than RBC, simply add "RBC Directly Investing" as a beak payee – just like you would to pay an online bill — to transfer funds from a chequing or savings account. You will also need to accept your 10-digit account number, which tin be found on an RBC Directly Investing account statement. This can accept two to iv business days. Scout a quick video here for more information.

How to Transfer in Avails from Another Financial Institution

Looking to bring existing assets into your direct investing business relationship from some other financial establishment? You lot tin keep your existing investments exactly the way they are with an "in kind" transfer. In that location is no selling or buying involved, and your investments will exist added to your account at the market value on the date they are received. Note that only "like" accounts can be transferred into 1 some other (RRSP to RRSP, for example).

To get started right away, get to the My Portfolio tab online and detectTransfer in from Another Institution in the Take Action department. Scout our video well-nigh transferring in investments in general or stocks in particular. Plus, find answers to your questions hither.

How to Utilize Your RBC Rewards Points³

If you earn rewards points on your RBC credit bill of fare, they can be converted to cash for eolith or contributed to an RBC Directly Investing registered business relationship — like an RRSP, TFSA or RESP. Rewards points can also be used to pay for trade commissions on your online or mobile trades. Lookout man this step-by-step video to transfer in your points now.

What You Need to Know Nigh Strange Currency

Nigh business relationship types (with the exception of RESP) are dual currency accounts, which ways they allow you to trade in both Canadian and U.S. dollars. In that location are multiple benefits to this feature – such as potential savings, convenience and flexibility – and there are also some key things to go on in mind (see Canadian/U.S. considerations in this trading checklist to aid you avoid common mistakes). Find answers to your questions here.

Automated Account Services

Taking command of your investments need not have more of your time than y'all're interested in dedicating. In that location are ways to automate your investment decisions, and then your coin continues to work difficult while y'all stay on top of pressing matters. For example, you can prepare upwards regular contributions via a pre-authorized contribution (PAC) plan (ane bonus: If you lot accept a PAC plan totalling $100 per month or $300 per quarter beyond your RBC Directly Investing accounts, your quarterly maintenance fee⁴ volition be waived). Learn more here.

Further Reading:

• Find more useful how-to videos in the Investor'south Toolkit
• Transfers, Foreign Exchange and Contributions FAQs
• Pay Yourself Outset: What Does it Really Hateful?
• Compound Involvement: How It Works and Why Information technology's Astonishing

View Legal Disclaimer

RBC Direct Investing Inc. and Regal Bank of Canada are separate corporate entities which are affiliated. RBC Directly Investing Inc. is a wholly owned subsidiary of Majestic Bank of Canada and is a Member of the Investment Industry Regulatory Arrangement of Canada and the Canadian Investor Protection Fund. Royal Banking company of Canada and sure of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or auction of any securities. Investors are responsible for their ain investment decisions. RBC Direct Investing is a business concern name used by RBC Direct Investing Inc. ® / ™ Trademark(south) of Royal Bank of Canada. RBC and Royal Banking concern are registered trademarks of Royal Bank of Canada. Used under licence.
© Royal Banking concern of Canada 2021.

one Fund transfers to your RBC Direct Investing account from an RBC Royal Bank business relationship volition be processed in real-time for cash investment, margin, RRSP and TFSA accounts between the hours of 4:30 am and 7:54 pm. Transfers completed outside of those hours will be processed on the adjacent business day. Some weather utilise.

2 RBC Mobile is operated by Majestic Banking company of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.

3 The RBC Rewards plan is offered past the Purple Banking concern of Canada. The utilize of RBC Rewards points is subject to the RBC Rewards Terms & Weather condition. You lot cannot earn RBC Rewards points through RBC Direct Investing (RBC DI). Y'all may only apply your points through RBC DI to: (1) pay for merchandise commissions on your eligible RBC DI accounts; or (2) transfer points to greenbacks contributions to your eligible RBC DI accounts. It is your responsibility to make sure y'all have sufficient contribution room within your registered programme when transferring points to cash contributions to your registered accounts and/or when you use your RBC Rewards points to pay for trade commissions on a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties.

4 At that place is no quarterly maintenance fee charged if your combined assets are $15,000 or more across all of your RBC Direct Investing accounts. If your combined assets are less than $15,000 across all of your RBC Direct Investing accounts, y'all will be charged one maintenance fee of $25 per quarter (split across all of your accounts). For full details delight refer to the complete Commissions and Fees Schedule at www.rbcdirectinvesting.com/fees.

The views and opinions expressed in this publication are for your full general interest and do not necessarily reverberate the views and opinions of RBC Direct Investing. Furthermore, the products, services and securities referred to in this publication are only available in Canada and other jurisdictions where they may exist legally offered for sale. If you are not currently resident of Canada, you should not access the information bachelor on the RBC Directly Investing website.

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