Several months ago the Royal Bank of Canada (RBC) launched a Virtual Visa Debit. This product was designed to allow consumers pay for products online, over the phone or mail order purchases directly from their bank account. To me, this is an ideal product for someone who does not have a credit card. It is

A couple of months ago we wrote about the Royal Bank of Canada (RBC) and Shoppers Drug Mart coming together and creating an all new chequing account – the RBC Shoppers Optimum Banking Account. As many people imagined, this partnership would eventually lead to a brand new credit card, and it did! The new credit

Royal Bank of Canada (RBC) has recently announced that it has completed the acquisition of 50% stake of RBC Dexia Investor Services Limited (RBC Dexia) that RBC did not already own from Banque International a Luxembourge. With this transaction complete, RBC has now become the sole owner of the top 10 global custodian, which is

With the recent increase by TD Canada Trust in their line of credit interest rate, it has left many clients angry at this decision – especially when majority of people that this affected have been great clients in perspective to their payments. That said, Royal Bank of Canada (RBC) is running a promotion which will

Royal Bank of Canada (RBC) has been recognized as the Best Bank in North America by the Retail Banker International (RBI). This was not the only award RBC received, well more specifically, someone at RBC received. Dave McKay, group head, Canadian banking has received the Retail Banker of the Year award. The annual RBI awards

The time a lot of RBC Direct Investing clients have been waiting for has finally come. RBC Direct Investing is now offering investors the convenience of trading through the newly enhanced RBC Mobile App! The new functionality of RBC’s mobile app will offer RBC Direct Investing Clients to have access to a full range of

The Royal Bank of Canada (RBC) and Visa have announced the launch of a brand new product, which has been designed to allow consumers to pay for products over the phone or mail order purchases, directly through their bank account. Yes, your bank account, which means this is not a credit card. The product launched