Please select the form that you require from the drop down menu box below. For your convenience, some forms can be filled in online.
Notice to Law Firms fulfilling instructions provided by the former HSBC Bank Canada relating to Business Credit Facilities -->
The Master Client Agreement for Business Clients governs the provision of Royal Bank of Canada’s services to business clients. It is comprised of many parts, including the terms and conditions available here. Each part is deemed incorporated in the Agreement, and each other part of the Agreement.
RBC’s Master Client Agreement for Business Clients (MCA) – Legal Terms and Conditions has been updated and the changes will come into effect December 1, 2023. The changes are applicable to existing business Customers and any new clients who become RBC business Customers on or after the effective date of December 1, 2023. The updates include changes to meet regulatory requirements, particularly in the General Services, Joint Banking, Language and Pre-Authorized Debits sections/clauses. Customers are encouraged to review the updated document in its entirety.
The Canadian Deposit Insurance Corporation (CDIC) eligibility information has been updated in the following service materials to clarify that funds held in such accounts are eligible for deposit insurance coverage under the Canada Deposit Insurance Corporation Act
The following service materials and user agreement for RBC Edge Business Banking have been updated to include new terms under the "Language" section, as applicable. These updates reflect the recent modifications made to the Quebec Charter of the French Language.
The following service materials and user agreement for RBC Edge Business Banking have been updated to clarify that account restrictions imposed on authorized signatories in RBC Edge are not enforced outside of the platform.
The following service materials have been updated. The RBC Business Banking service has been renamed RBC Edge.
The service materials for the Interac e-Transfer Bulk service have been updated to include the new features offered as part of the Interac e-Transfer service like account number routing, remittance data and the INTERAC e-Transfer Bulk Request Money Service.
The following new service materials have been added:
The following new service materials have been added:
Royal Bank is updating the service model for Cheque-Pro. As part of the new service offering clients who qualify are provided with cheque scanners (Image Capture Equipment) for use with the Cheque-Proservice. If the service is terminated clients are required to return the cheque scanners to Royal Bank. The Cheque-Pro service materials have been updated to reflect the use of RBC provided scanners.
Updates have been made to the
Updates have been made to the
Changes have been made to the
The following new service materials have been added:
NEW Foreign Exchange Transactions Service Materials available for clients transacting on RBC Express
Changes have been made to the
New Corporate Creditor Service Materials have been added.
The following new service materials have been added:
The following new service materials have been added:
Changes have been made to the Cheque-Pro™ Service Materials.
The following new Service Materials have been added:
New US Cross-Border Banking Service Materials.
New Current Account Client Verification Service Materials in connection with the simplified process to submit instructions to return items / cheques.
The following new Service Materials have been added
Changes to account and services fees.
The following new Service Materials have been added
New RBC Express Service Materials in connection with updates to user authentication and the launch of the RBC Express Mobile and Alerts.
Following new Service Materials have been added
Submitting Your Form
To avoid any delays in the processing of your request, please: print, ensure it is completed accurately, sign and date your form.
An RBC credit card program can improve your working capital so you can invest more in your business.
Submitting Your Form
To avoid any delays in the processing of your request, please: print, ensure it is completed accurately, sign and date your form.
Welcome to Royal Bank of Canada's/Royal Trust Corporation of Canada's secure website for commercial mortgage security documentation. This website is to be accessed each time you, our solicitor for a mortgage transaction, receive instructions from Commercial Mortgages Closing Services. The site is broken down by province. Any documentation you require can be found within the respective provincial link. If you have any questions regarding the documentation, please contact the Manager Closing Services as identified in your instructions.
Please be advised that effective immediately all Solicitors and Notaries are responsible for submitting the CMHC premiums plus applicable taxes directly to CMHC and our Solicitor Instruction letter, Solicitor Opinion letter and Request for Funds document have been updated accordingly.
General Forms - All provinces / territories
Prince Edward Island
You acknowledge providing us with your country (or countries) of tax residency, either at the time of account opening or within 30 days with respect to any change in circumstances regarding your tax residency.
It is your responsibility to determine where you are resident for tax purposes, and if you are unsure whether or not you are a resident of Canada for tax purposes and/or a tax resident of another country or countries, review information available at the Canada Revenue Agency, U.S. government websites, the Organization for Economic Cooperation and Development (OECD), and/or seek professional tax advice.
You may be required to provide additional documentation to support your residence status for tax purposes.
Financial accounts that are reported to the CRA are shared with the government of a foreign jurisdiction that an individual or entity is a resident for tax purposes when Canada has an exchange relationship with that jurisdiction. We will be required to automatically report specific information to the CRA on an annual basis. The CRA may in turn forward information about you and your account to the other country.
In the case of the United States, the CRA also shares the information with the Internal Revenue Service (IRS) when an individual or entity is a U.S. person. The IRS definition of a “United States Person” for U.S. tax purposes includes a citizen or a resident of the United States. A citizen of the U.S. (including an individual born in the U.S.) who is a resident in another country for tax purposes can still be a U.S. person if they have not renounced their U.S. citizenship.
In the case of the United States, the CRA also shares the information with the Internal Revenue Service (IRS) when an individual or entity is a U.S. person. The IRS definition of a “United States Person” for U.S. tax purposes includes a citizen or a resident of the United States. A citizen of the U.S. (including an individual born in the U.S.) who is a resident in another country for tax purposes can still be a U.S. person if they have not renounced their U.S. citizenship.
You acknowledge providing us with your Tax Identification Number(s) associated with your tax jurisdiction(s). A TIN is a unique identifying number used for tax purposes. Where the jurisdiction of tax residence issues a TIN, we are required to collect and report the TIN. If you are not eligible or unable to obtain a foreign TIN, you must provide a reasonable explanation. We may request from you and collect your TIN through various channels such as in-person, mail, email, phone or online.
The CRA requires financial institutions to obtain from you a self-certification of tax residency when required. Under FATCA and CRS regulations, RBC may be liable to a penalty of up to $2,500 for each such failure under subsection 162(7) of the Income Tax Act.
As such, failure to provide a valid self-certification under FATCA or CRS will result in the temporary restraint of your account until such time as it is provided to us and verified.
If you fail to provide a U.S. TIN when required under FATCA, you may be assessed a penalty of $100 by the CRA directly.
If you fail to provide a TIN for another jurisdiction as required under CRS, you may be assessed a penalty of $500 by the CRA directly.
If your business has an entity classification for the purposes of FATCA and CRS, the business and any Controlling Persons, if applicable, must provide a self-certification of residency for tax purposes. The Controlling Person of an entity is defined as the natural person(s) who exercise control over the account(s).
To the extent that the account holder, or controlling person has identified to have tax residence in a jurisdiction offering a potentially high-risk CBI/RBI scheme, we may require further confirmation that the provided self-certification or documentary evidence is correct and reliable.
