A quick example before we get started.
Rbc international wire transfer online.
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.
Step 1 the wire must first be sent through a receiving intermediary bank.
Rbc exchange rates and fees.
Send 2 500 per day in rbc online banking 3 and the rbc mobile 3 app whenever it s convenient for you.
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.
When you send or receive a wire payment through rbc it must include certain information to satisfy our internal compliance requirements.
Note of caution on fees.
Rbc charges a flat fee of 13 50 for all money transfers made through their online platforms.
Rbc s name and address rbc royal bank trinidad and tobago port of spain trinidad.
A theoretical online bank transfer sending c 1000 from canada to a pound sterling bank account in the uk.
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.
Outgoing international wire transfer instructions.
You may be surprised to see that in rbc an international money transfer and an international wire transfer are two separate things.
Wire transfers can be completed at your branch or using internet banking.
Learn more about international money transfers.
3 rbc online banking and the rbc mobile app areprovided by royal bank of canada.
This bank accepts the wire on rbc bank s behalf.
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.
Sending a wire to your rbc bank account involves two steps.
Send funds anywhere in the world quickly and securely via swift society for worldwide interbank financial telecommunications.
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.
4 additional service fees by any intermediary and receiving bank may apply.
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.
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.
