Q:

What is an RBC checking account?

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Quick Answer

A RBC bank checking account gives customers access to a U.S.-based checking account with tools for a Canadian citizen to easily bank and do business while in the United States. Other account features include a U.S. debit card to avoid international transaction fees and the ability to make free wire transfers between Canadian and U.S. RBC accounts, according to the RBC Bank website.

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Full Answer

The ability to automatically transfer money between U.S. and Canadian accounts is a major selling point for the checking account, as it avoids the need for bank drafts or mailing payments, as reported by the Toronto Star. To open an account, call the number listed on the RBC website or visit a local branch office.

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