With global financial interests come global banking needs. These may include managing complex cross-border family and business interests to meeting certain account requirements to undertaking international transactions. At RBC Wealth Management, we offer a suite of international banking solutions to complement your wealth portfolio.*
As our client, your relationship manager can provide you with insight and guidance to help you make informed choices that address your unique banking and wealth management needs.
Global banking solutions
Card services and accounts
Enjoy access to debit and charge cards in multiple currencies, enabling you to settle transactions or make payments outside your home country. Subject to eligibility, you can choose from a wide selection of cards and accounts, including:
- Executive Plus
The Executive Plus Account is an interest-bearing, instant-access account suited to the needs of clients with international lifestyles. Available in a wide range of currencies, the account typically comes with an RBC Wealth Management Visa Gold debit card.
- Visa Gold Debit Card
When you open an Executive Plus Account, we offer you an RBC Wealth Management Visa Gold debit card, which enables you to settle transactions in over 200 countries around the world. You can also withdraw cash from any of the two million Visa ATMs worldwide.
International payment services
If you regularly make cross-border payments, you may want to use our robust and reliable payment services. Have access to facilities such as wire transfers (SWIFT, CHAPS) and BACS payments. You can also make online payments using our digital banking services.
Fixed Term Deposit Account
With our Fixed Term Deposit Account, you can hold funds on deposit for a chosen period of time at an interest rate specified at the outset. These are available with a variety of maturity dates and in a broad range of currencies.
Foreign exchange services
Many of our banking solutions include a foreign exchange service that covers a wide range of currencies. Subject to eligibility, we can also offer more complex FX products, such as FX forward contracts.
Online access to your accounts
Access your accounts whenever you like with our secure online banking services. View your holdings, make payments, conduct inter-account transfers and execute foreign exchange transactions all in one convenient place.
*Please note: The solutions and products referenced may not be available in your specific geographical region.
Deposit protection information
Your eligible deposits with Royal Bank of Canada (London Branch) and RBC Europe Limited are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit protection scheme, up to the FSCS compensation limit. The scheme covers most deposits.
From 30 January 2017, the FSCS compensation limit is £85,000.
Any deposits you hold above the FSCS compensation limit are unlikely to be covered, unless under specific circumstances, as determined by the FSCS.
For more information on the scheme, visit www.fscs.org.uk
Information Sheet RBC Europe Limited
Information Sheet Royal Bank of Canada (London Branch)
FSCS deposit protection information sheet
Royal Bank of Canada (Channel Islands) Limited is a participant in the Guernsey and Jersey Banking Deposit Compensation Schemes. Each Scheme offers protection for ‘qualifying deposits’ or ‘eligible deposits’ up to £50,000 per individual claimant, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme’s website(s) www.dcs.gg or www.gov.je/dcs or on request.