It's easy to put money into your RBC Direct Investing account. Just follow the steps below to transfer cash, RBC Rewards® points or pre-authorized contributions to fund your account and start investing.
Transfer cash from your RBC Royal Bank account in real time
On the RBC Direct Investing online investing site, select “Transfer Cash & Foreign Exchange” from the My Portfolio menu and follow the steps to move money from your RBC chequing or savings accounts, or RBC Rewards® points, to your RBC Direct Investing account.
See our Transfers, Foreign Exchange and Contributions FAQs here.
Use the RBC Mobile App
If you bank online with RBC Online Banking and have linked your banking and RBC Direct Investing accounts, simply open or download the app and select RBC Direct Investing from the main menu when you log in. Then, select “Transfer Funds” under the yellow Action button or the More menu to move money from your RBC chequing or savings accounts to your RBC Direct Investing accounts.
For cheque deposits
First switch to your personal banking profile on the app Home screen. Next, select “Deposit a Cheque” under the yellow Action button or the Move Money menu. Follow the steps on-screen to take a picture of your cheque and deposit it into the RBC Royal Bank account you choose. You can then switch to RBC Direct Investing on the RBC Mobile app to transfer the funds to your RBC Direct Investing account.
Transfer from another financial institution
If you bank online somewhere other than RBC, simply add “RBC Direct Investing" as a bill payee– just like you would to pay an online bill, to transfer funds from a chequing or savings account. You will also need to have your 10-digit account number, which can be found on an RBC Direct Investing account statement. This can take 2-4 business days.
You can easily transfer investments from another financial institution or firm to your RBC Direct Investing Account. Learn how.
See our FAQs on transferring-in here.
Convert RBC Rewards Points to cash
Redeem RBC Rewards points online to make cash deposits or contributions to your investment account, RRSP, TFSA or RESP. Learn how.
Pay yourself first – automatically
With a pre-authorized contribution (PAC) plan, you can automatically contribute to your RBC Direct Investing account on your schedule, then invest the money however you want. Learn how.
View Legal Disclaimer
1 RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. and RBC Dominion Securities Inc.
Fund transfers from an RBC Royal Bank account to your RBC Direct Investing account using RBC Online Banking, Direct Investing Online Investing, or the RBC Mobile app are processed in real time between the hours of 4:30 a.m. and 7:54 p.m. ET, seven days a week. Transfers into an RBC Direct Investing account made outside of these hours will be processed the next morning. Transfers out of your RBC Direct Investing account to an RBC Royal Bank account are processed in real-time between 9:00 a.m. and 4:00 p.m. ET, Monday to Friday (excluding holidays). Transfers out of your RBC Direct Investing account made outside of these hours will be processed the next business day. Locked-in, Registered Retirement Income Fund, and Registered Education Savings Plan (transfer out only) accounts excluded. Other conditions apply.
The RBC Rewards program is offered by the Royal Bank of Canada. The use of RBC Rewards points is subject to the RBC Rewards Terms & Conditions. You cannot earn RBC Rewards points through RBC Direct Investing (RBC DI). You may only use your points through RBC DI to: (1) pay for trade commissions on your eligible RBC DI accounts; or (2) transfer points to cash contributions to your eligible RBC DI accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan when transferring points to cash contributions to your registered accounts and/or when you use your RBC Rewards points to pay for trade commissions on a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties.
RBC Direct Investing Inc. and Royal Bank of Canada are separate corporate entities which are affiliated. RBC Direct Investing Inc. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. ® / ™ Trademark(s) of Royal Bank of Canada. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. Used under licence. © Royal Bank of Canada 2021. All rights reserved.