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Commissions & Fees Schedule

Download a PDF** of the Commissions & Fees Schedule. Effective July 2, 2019

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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 Fee8
Clients with combined assets of less than $15,000 across all of their RBC Direct Investing accounts $25 per quarter9

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

  • Has signed up for a Pre-Authorized Contribution(s)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 trades11 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® program12
  • Has an RBC Student Banking® package, current or within the last five years13
  • Has an RBC VIP Banking® package

Transactions and Other Fees14

Transactions and Other Fees
RSP withdrawals (including LIRA unlocking) $50
TFSA withdrawals $0
Home Buyers’ Plan and Life Long Learning Plan withdrawals $25

RIF, LIF, RLIF, PRIF, LRIF Withdrawals

RIF, LIF, RLIF, PRIF, LRIF Withdrawals
Two withdrawals per year in addition to the scheduled payments $0
Each additional withdrawal $25

Mortgages in Self-Directed Plans (Set up before January 1, 2014)

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


Wire transfer of funds to another financial institution within Canada and the U.S. $45
Cheque requests15 $10
Confirmation replacement $2
Statement replacement $5
Research account inquiries $40 per hour (min. $20)
Dishonoured item (NSF 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) $135
Internal transfers (third–party name) $25
Private shares15, 16 $250 setup + $200 annual fee
Restricted shares15, 16 (holding securities subject to legal restriction on distribution and sale) $200 per security
Legal security transfer fee17 $100
Collateral pledge accounts No setup or annual fee
Employee stock option plan18 $50
Estate account processing if assets are transferred within RBC19 $175/account
Estate account processing if assets are transferred out of RBC $350/account

Note: GST, HST and provincial taxes are charged where applicable.

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