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Commissions & Fees Schedule

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Maintenance Fee

Maintenance Fee
Clients with combined assets of $15,000 or more across all of their RBC Direct Investing accounts No FeeLegal Disclaimer footnote 8
Clients with combined assets of less than $15,000 across all of their RBC Direct Investing accounts $25 per quarterLegal Disclaimer footnote 9
Clients who hold assets in an FHSA only, regardless of the amount No fee

The fee is also waived if a client meets any one of the following criteria:

  • Has signed up for a Pre-Authorized Contribution(s)Legal Disclaimer footnote 10 (i.e. automatic regular savings transfers) for a combined total of $100/month, $300/quarter or more in their RBC Direct Investing account(s) (registered or non-registered)
  • Has been an RBC Direct Investing client for less than six months (this allows new clients sufficient time to transfer assets to RBC Direct Investing)
  • Has a combined total of three or more commission–paid tradesLegal Disclaimer footnote 11 during the quarter across all RBC Direct Investing accounts (registered and non-registered)
  • Has a group RRSP account with RBC Direct Investing
  • Has qualified for the RBC Direct Investing Royal Circle® programLegal Disclaimer footnote 12
  • Has a specified RBC banking package for studentsLegal Disclaimer footnote 13
  • Has an RBC VIP Banking® package

Transactions and Other FeesLegal Disclaimer footnote 14

Transactions and Other Fees
R S P withdrawals (including L I R A unlocking) $50
T F S A or F H S A withdrawals $0
Home Buyers’ Plan and Life Long Learning Plan withdrawals $25

R I F, L I F, R I F, P R I F, L R I F Withdrawals

R I F, L I F, R I F, P R I F, L R I F Withdrawals
Two withdrawals per year in addition to the scheduled payments $0
Each additional withdrawal $25

American Depositary Receipts (ADR) Fees

Mortgages in Self-Directed Plans (Set up before January 1, 2014)
Any fees associated with American Depositary Receipts (ADRs) will be passed on to ADR holders. Clearing corporations collect fees on behalf of ADR custodians. For ADRs that pay dividends, these fees are typically deducted from dividend payments to ADR holders. For ADRs that do not pay dividends, these fees will be deducted from ADR holders’ account(s). The amount and timing of ADR fees are detailed in the ADR prospectus. Pass through

Miscellaneous

Miscellaneous
Wire transfer of funds to another financial institution within Canada and the U.S. $45
Cheque requestsLegal Disclaimer footnote 15 $10
Confirmation replacement $2
Statement replacement (including tax and CRM2 statements) $5
Research account inquiries $40 per hour (min. $20)
Dishonoured item (N. S. F. and returned cheques) $45
Certificate registration – regular (approximately 2 to 3 weeks) $50
Certificate registration – rush (3 to 5 business days where available) $200
Transfer out (all account types, excluding donation of shares) $150
Internal transfers (third–party name) $25
Private sharesLegal Disclaimer footnote 15, Legal Disclaimer footnote 16 $250 setup + $200 annual fee
Restricted sharesLegal Disclaimer footnote 15, Legal Disclaimer footnote 16 (holding securities subject to legal restriction on distribution and sale) $200 per security
Legal security transfer feeLegal Disclaimer footnote 17 $100
Collateral pledge accounts No setup or annual fee
Employee stock option planLegal Disclaimer footnote 18 $50
Estate account processing if assets are transferred within RBCLegal Disclaimer footnote 19 $175/account
Estate account processing if assets are transferred out of RBC $350/account
Unclaimed property remittance fee (as permitted by law) $150/account
Registered estate T3 preparation and filing, per account (if required) $200/hour (min. $200, max. $600)

Note: G. S. T., H. S. T. and provincial taxes are charged where applicable.

Mortgages in Self-Directed Plans (Set up before January 1, 2014) Legal Disclaimer footnote 20

Mortgages in Self-Directed Plans (Set up before January 1, 2014)
Annual administration fee (pro–rated fee is deducted monthly for R. S. P.) $200

Other fees

In certain circumstances, fees may be charged to your account for services provided by third parties to fulfil your request. You will be notified of any additional fees before they are charged to your account.

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Absolutely. We’re available Monday – Friday from 7 am to 8pm ET.Legal Disclaimer footnote 21 Call us toll–free at: 1-800-769-2560

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