Banks, Brokers & Exchanges

As the needs of your clients become increasingly complex, you require a trusted Canadian partner that serves as your “eyes and ears” in Canada, providing impeccable client service and the tools to help you manage risk.

RBC has been serving banks, brokers and exchanges for more than 120 years. As the leading provider of Canadian payment and sub-custody services, we have a deep understanding of our home market, combining innovative technology with an unwavering focus on service excellence and attention to detail in support of you and your clients. We add value through our:

  • Strength and stability, including RBC’s high credit ratings1 and position as Canada’s largest bank2
  • Active involvement in industry initiatives including the:
    • Payments Canada modernization project
    • SWIFT Global Payments Innovation Initiative
    • Government of Canada FinPay Regulation Committee
    • Open Banking and Digital Currency industry working groups
  • Experienced team of professionals who understand the Canadian market
  • Innovative product and service offering including ongoing service enhancements such as:
    • Back office outsourcing solutions
    • Cheque Pro™ remote deposit capture facility
    • Cash services web portal
    • Paperless lockbox platform

Our Products & Services

 

Canadian Clearing and Cash Services

› Cash management
› Payment execution
› Indirect clearing and settlement
› Continuous-linked settlement

 

Canadian Securities Services

› Domestic custody
› Sub-custody

 

Services to Broker Dealers

› Canadian designated banker services (CDSX support)
› Credit and transactional risk facilities
› Cash management

 

Trade Finance

› Export letters of credit – (Confirmation/Discounting)
› Trade loans
› Standby letters of credit and guarantees

Our Credentials

#1

Bank in Canada2
Top clearer for CAD payments3
Best trade finance bank in Canada4
Best treasury & cash management bank in Canada5

120+ years

of experience serving financial institutions

AA-          Aa1

Standard & Poor's                  Moody's           

High credit ratings1

Safest

bank in Canada6

90%

of top 20 banks use RBC for settlement in CAD7

Our Insights

  1. Standard & Poor’s (AA-) and Moody’s (Aa1) legacy senior long-term debt ratings of Royal Bank of Canada as of August 23, 2022
  2. Market capitalization of Royal Bank of Canada as at July 31, 2022
  3. Payments Canada 2021 based on annual volumes and value of transactions
  4. Global Finance, 2013-2022
  5. Global Finance, 2022
  6. Global Finance, 2022
  7. Bloomberg as at January 31, 2022