The RBC Rewards program is offered by the Royal Bank of Canada. The use of RBC Rewards points is subject to the RBC Rewards Terms & Conditions. You cannot earn RBC Rewards points through RBC Direct Investing (RBC DI). You may only use your points through RBC DI to: (1) pay for trade commissions on your eligible RBC DI accounts; or (2) transfer points to cash contributions to your eligible RBC DI accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan 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.
RBC payroll support helped us find this problem. SAGE50 tech support then suggested using the CPA Standard 005. After testing the result EFT file, it turned out to be invalid. Guided by RBC, it was determined there were extra blank lines.Even removing them the file was still invalid and rehected by RBC. Re: Direct Deposit Client Name and Address PAY TO THE ORDER OF RBC Bank Assigned Transit Address Signature Date (MM/DD/YYYY) Equal Housing Lender. You can now set up CRA Direct Deposit directly through RBC Online Banking or the RBC Mobile app.Please note that registering for Direct Deposit through RBC Online Banking or the RBC Mobile app. Invest Your Way, Today, at RBC Direct Investing – an online brokerage with the information and tools you need to invest with confidence. Enjoy online investing for $9.95 flat or less per online or mobile equity.
Fund transfers to your RBC Direct Investing account from an RBC Royal Bank account will 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 next business day. Some conditions apply.
Set up Direct Deposit
Direct Deposit is a convenient, reliable, quick way to access your money no matter where you are. There’s no more waiting for a cheque to arrive and going to a branch or ATM to cash the item.
Rbc Direct Deposit
- Access your money faster – no waiting for a cheque to arrive
- Save time by reducing your trips to the branch
- Reduce your chances of a lost or stolen cheque
Financial Relief Program Details - Canada Emergency Response Benefit
Many Canadians are preparing to apply for financial relief through the Canada Emergency Response Benefit (CERB), we encourage you to register for direct deposit from Canada Revenue Agency (CRA) to ensure you receive your payments faster.
NEW. You can now set up CRA Direct Deposit directly through RBC Online Banking or the RBC Mobile app.
**Please note that registering for Direct Deposit through RBC Online Banking or the RBC Mobile app does not register you for the CERB. You’ll need to apply for the CERB directly through the CRA website.
Find Out MoreSet up Payroll Direct Deposit
Whether you've just started a new job and need to set up a direct deposit/payroll or if you've opened a new account and need to switch your payroll, we can help you get paid the quick and easy way with payroll direct deposit into your RBC Royal Bank account in 2 simple steps:
Rbc Pad Form
- Print and fill out the Request to Change Automatic Payroll Deposit Information form. Or, if you have access to Online Banking you can get a personalized version of this form with your account information included.
- Give a printed copy of the completed form to your employer.
Let your payday headaches become a thing of the past by setting up payroll direct deposit today!