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If you require regular income from your investments, our systematic withdrawal plan is a convenient way to make regular withdrawals from your account(s).
How the systematic withdrawal plan works:
- Mutual funds you select from your RBC Direct Investing Account are automatically redeemed.
- The redemption proceeds are then transferred to your chequing or savings account at any Canadian financial institution.
- Minimum withdrawal is $100 monthly or $300 quarterly.
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