Royal Bank of Canada SWIFT Code: ROYCCAT2

Royal Bank of Canada SWIFT Code: ROYCCAT2

The SWIFT/BIC code for the Royal Bank of Canada (RBC) is ROYCCAT2. ROYC identifies the Royal Bank of Canada, CA stands for Canada, and T2 is the location code for Toronto, where the bank's head office is situated. This code is used for international wire transfers to RBC accounts.

RBC is the largest bank in Canada by market capitalization and serves over 17 million clients. It maintains a strong international presence, particularly in the US and Caribbean, and uses separate SWIFT codes for those subsidiaries.

How to Wire Money to RBC

To send an international wire to an RBC account, you'll need the recipient's full name, their RBC account number (including transit and institution number), and the SWIFT code ROYCCAT2. The bank's head office address is 200 Bay Street, Toronto, ON M5J 2J5, Canada.

RBC processes incoming international wires within 1 to 3 business days. Transfers in CAD or USD from major banking centers tend to settle within 1 to 2 days. Other currencies may require additional conversion time.

RBC Wire Transfer Fees

RBC charges CAD $15 for incoming international wire transfers. Outgoing international wires cost between CAD $30 and CAD $80 depending on the currency and destination. Online-initiated transfers are typically less expensive than those requested in-branch.

Currency conversion at RBC is applied at the bank's posted exchange rate, which includes a margin over the mid-market rate. For larger transfers, business clients can negotiate rates through RBC's foreign exchange team.

How Slash fits in

Slash tracks your international payments across all your bank accounts, including RBC. Each wire is logged in real time, auto-categorized by vendor or purpose, and synced directly to your accounting software.