Open an Account
Choose Your Account Type
Attention: Important Information
Only one LIF per client is allowed under the applicable legislation.
Attention: Important Information
Only one LRIF per client is allowed under the applicable legislation.
Attention: Important Information
Only one LIRA per client is allowed under the applicable legislation.
You Are Applying For a:
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NOTE: If your Non-Profit Organization Account is incorporated, Corporate documentation is required. You will need to open a Corporate Account instead of a Non-Profit Organization Account.
NOTE: The following conditions must be met
- There must be an existing relationship with RBC.
- Proposed value of the trust must be minimum $250,000.
- Trustee must be a Canadian resident.
- RBC Direct Investing will consider opening the account if there is one trustee, or if more than one, the trust deed must specify they may act jointly/or severally. If all trustees are to act together, we will not be able to accept.
- No investment restrictions on the trust.
Once approved, you will be contacted via email (if provided) to let you know your account has been opened. Providing your email address, in addition to your phone number, allows us to serve you better in a timely and responsible manner including notifying you about the status of your new account application. RBC Direct Investing will never ask you to provide confidential information such as your account number, client card number or password through regular email. For more information on how we collect, use or disclose your information, please see RBC's Privacy Policy (opens link in a new window).
1. Download and Complete Forms
Note: All documents are available in PDF format, and require Acrobat Reader (opens link in a new window) version 9.0 or higher.
Required documents:
- Investment Account applications (opens PDF in a new window) (Valid Occupation List)
- W-8BEN (opens PDF in a new window) OR W-9 (If you are a U.S. citizen or U.S. resident for tax purposes)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Investment Account applications (opens PDF in a new window) (Valid Occupation List)
- W-8BEN (opens PDF in a new window) for each applicant OR W-9 for each applicant who is a U.S. citizen or U.S. resident for tax purposes
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (required for each applicant)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Joint Investment Account Application (opens PDF in a new window)(3 or 4 Applicants) (Valid Occupation List)
- Client Profile Form (opens PDF in a new window)
- Client Profile Form (opens PDF in a new window) (Co-Applicant)
Note: A Co-Applicant Profile must be completed for each additional applicant - W-8BEN (opens PDF in a new window) for each applicant OR W-9 for each applicant who is a U.S. citizen or U.S. resident for tax purposes
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (required for each applicant)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Investment Account application (opens PDF in a new window)
You must be a resident of Canada with a valid Social Insurance Number (i.e. your SIN cannot begin with a '9') (Valid Occupation List) - W-8BEN (opens PDF in a new window) / W-8BEN (Sample) (opens PDF in a new window) required for the applicant and for the beneficiary OR W-9 required for the applicant or for the beneficiary if either is a U.S. citizen or U.S. resident for tax purposes.
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) / Guide (opens PDF in a new window) (required for each applicant)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trust Account Beneficiary Confirmation (opens PDF in a new window)
(Required only if the beneficiary does not have a bank account) - Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Required documents:
- Investment Account application (opens PDF in a new window) (Valid Occupation List)
- Payroll Deduction and Spousal Allocation form (opens PDF in a new window)
- W-8BEN (opens PDF in a new window) OR W-9 (if you are a U.S. citizen or U.S. resident for tax purposes)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Investment Account application (opens PDF in a new window) (Valid Occupation List)
- Payroll Deduction and Spousal Allocation form (opens PDF in a new window)
- W-8BEN (opens PDF in a new window) for each applicant OR W-9 for each applicant who is U.S. citizen or U.S. resident for tax purposes.
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (for each applicant)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Third Party Determination Statement (opens PDF in a new window)
(Required if there is any other person who has a financial interest in or who exerts control over the assets in the account) (Valid Occupation List) - Transfer Form (Investment Account) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Attention: Important Information
Your name, date of birth and Social Insurance Number must be an exact match to the information on file at the Canada Revenue Agency (CRA). The CRA will not recognize your Tax-Free Savings Account (TFSA) contribution and you will not receive the tax-free benefit if the personal information you provide does not match.
Attention: Important Information
You must be a Canadian resident for tax purposes with a permanent Social Insurance Number (i.e. your SIN cannot begin with a '9').
- W-8BEN (opens PDF in a new window) OR W-9 (if you are U.S. citizen or U.S. resident for tax purposes).
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Trust Agreement (opens PDF in a new window) / Trust Agreement (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- TFSA Beneficiary Designation with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- TFSA Multiple Beneficiary Designation (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window), Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- RIF Payment Request Form (opens PDF in a new window)
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window), Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and applicable addendum for your records.
Addenda
(Note - If Legislation is Manitoba or Nova Scotia - complete, sign and return the 1st page of the addendum)
Complete the mandatory Spousal consent document applicable to your jurisdiction.
Spousal Consent
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window), Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and applicable addendum for your records.
Addenda
Complete the mandatory Spousal consent document applicable to your jurisdiction.
Spousal Consent
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window), Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and applicable addendum for your records.
Addenda
Complete the mandatory Spousal consent document applicable to your jurisdiction.
Spousal Consent
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window), Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and Federal addendum (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Registered Education Savings Plan (RESP) Application (opens PDF in a new window) (Valid Occupation List)
- Basic and Additional Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB) Application (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Plan Text (opens PDF in a new window) / Plan Text (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- W-8BEN (opens PDF in a new window) for each Subscriber (Only if intention is to trade in U.S. assets)
- Transfer Form (RESP) (opens PDF in a new window)(Partial Transfers are not permitted)
- Quebec Education Savings Incentive – Transfer Between Registered Education Savings Plan (opens PDF in a new window)
- W-9 (opens PDF in a new window)for each Subscriber who is a U.S. citizen or U.S. resident for taxes purposes
- Annex A - Additional Beneficiaries (opens PDF in a new window)(To be completed when there are multiple beneficiaries)
- Annex B - Primary Caregiver and/or Custodial Parent/Legal Guardian (opens PDF in a new window)Do not complete if Subscriber (account holder) is the primary caregiver and/or custodial parent/legal guardian. [Refer to Section B-7 for definitions]
- Canada Learning Bond (CLB) Application for Adult Beneficiaries(opens PDF in a new window) - For beneficiaries who are between 18 and 20 years of age
-
Annex D – Application: British Columbia Training and Education Savings Grant (BCTESG) - The custodial parent or the legal guardian and the beneficiary must be residents of British Columbia at the time of the application to be eligible for the BCTESG. Beneficiaries must be between the ages of 6 and 8 years old at the time of the application.
- a valid British Columbia driver’s licence
- a British Columbia identification card with a picture
- a British Columbia Services Card
- a British Columbia utility bill (dated within the last 3 months and listing the current address of the custodial parent or the legal guardian). A utility bill can be any one of the following:
- electricity
- gas
- phone
- cable
- water, or
- garbage bills
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Registered Education Savings Plan (RESP) Application (opens PDF in a new window) (Valid Occupation List)
- Basic and Additional Canada Education Savings Grant (CESG) and Canada Learning Bond (CLB) Application (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Plan Text (opens PDF in a new window) / Plan Text (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- W-8BEN (opens PDF in a new window) for each Subscriber (Only if intention is to trade in U.S. assets)
- Transfer Form (RESP) (opens PDF in a new window)(Partial Transfers are not permitted)
- Quebec Education Savings Incentive – Transfer Between Registered Education Savings Plan (opens PDF in a new window)
- W-9 (opens PDF in a new window)for each Subscriber who is a U.S. citizen or U.S. resident for taxes purposes
- Annex A - Additional Beneficiaries (opens PDF in a new window)(To be completed when there are multiple beneficiaries)
- Annex B - Primary Caregiver and/or Custodial Parent/Legal Guardian (opens PDF in a new window)Do not complete if Subscriber (account holder) is the primary caregiver and/or custodial parent/legal guardian. [Refer to Section B-7 for definitions]
- Canada Learning Bond (CLB) Application for Adult Beneficiaries(opens PDF in a new window) - For beneficiaries who are between 18 and 20 years of age
-
Annex D – Application: British Columbia Training and Education Savings Grant (BCTESG) - The custodial parent or the legal guardian and the beneficiary must be residents of British Columbia at the time of the application to be eligible for the BCTESG. Beneficiaries must be between the ages of 6 and 8 years old at the time of the application.
- a valid British Columbia driver’s licence
- a British Columbia identification card with a picture
- a British Columbia Services Card
- a British Columbia utility bill (dated within the last 3 months and listing the current address of the custodial parent or the legal guardian). A utility bill can be any one of the following:
- electricity
- gas
- phone
- cable
- water, or
- garbage bills
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and the applicable addendum for your records.
Addenda
(Note - If Legislation is Manitoba or Nova Scotia - complete, sign and return the 1st page of the addendum)
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) and the federal addendum (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Retirement Savings Plan application (opens PDF in a new window) (Valid Occupation List)
- Payroll Deduction and Spousal Allocation form (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) and Declaration of Trust (opens PDF in a new window) / Declaration of Trust (French Version) (opens PDF in a new window) for your records.
If the Account is being opened under a GPA/Mandate, include the following:
- Continuing Power of Attorney/Mandate in Anticipation of Incapacity (Quebec) - Confirmation Letter (opens PDF in a new window)
- Full Force Authorization (opens PDF in a new window)
- Trading Authorization Supplemental Form (opens PDF in a new window) (Valid Occupation List)
- Certified True Copy of Power of Attorney/Mandate Legal Document
Additional documents we may need:
- Options Agreement (opens PDF in a new window)
- Designation of Standard Beneficiary with Contingent Options (opens PDF in a new window) / Guide (opens PDF in a new window)
- Designation of Multiple Beneficiaries (opens PDF in a new window) / Guide (opens PDF in a new window)
- Transfer Form (Registered Accounts) (opens PDF in a new window)
- Trusted Contact Person (TCP) (opens PDF in a new window)
Name a Trusted Contact Person who RBC Direct Investing may contact under certain circumstances
Due to regulatory requirements, we require a photocopy of your SIN card and the SIN expiry date with the account application. Your SIN should be valid for a minimum period of six months to open an account.
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Corporate Trading Authorization (opens PDF in a new window)
- Privately Owned Company Certificate (opens PDF in a new window)
- Beneficial Ownership Form (opens PDF in a new window)
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
- Substitute W-8BEN-E form (opens PDF in a new window) (certain Canadian entities may complete a Substitute W-8BEN-E Form.)
OR,
if you are not eligible to complete the substitute W-8BEN-E, complete the official IRS form, W-8BEN-E(opens PDF in a new window)
- A copy of the Articles of Incorporation/Association
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
Provide the most currently issued (current year or previous year only) copy of one of the following documents as issued by the relevant regulator/issuing body:
- Certificate of Status
- Corporate Profile Report
- Certificate of Existence
- Certificate of Compliance
- Corporate Annual Government Filing
- Notice of Assessment (most recent income tax assessment which has the business number displayed- HST/GST Notice of Assessments not accepted)
- Business Licence or vendor permits
- Health or Safety Certificates
- Articles of Revival
- Corporation Income Tax - Statement of Interim Payment
The following additional documents are required:
- Statuts de constitution
- Certificat de constitution
- All annexes
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Canadian Intergovernmental Agreement (IGA) Certification Form - Excluded Entity (opens PDF in a new window)
- W-8BEN-E (opens PDF in a new window) (in the name of the estate)
- Substitute W-8BEN-E form (opens PDF in a new window) (certain Canadian entities may complete a Substitute W-8BEN-E Form.)
OR,
if you are not eligible to complete the substitute W-8BEN-E, complete the official IRS form, W-8BEN-E (opens PDF in a new window)
- Certified true copy of Probate
- Certified true copy of death certificate
- Research certificate issued by the Chamber of Notaries and Quebec Bar (for Quebec)
Depending on the nature of your application, you may be contacted to provide further documentation.
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Privately Owned Company Certificate (opens PDF in a new window)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window)
- W-8BEN (opens PDF in a new window) OR W-9 (opens PDF in a new window) (if you are a U.S. citizen or U.S. resident for tax purposes)
Provide a copy of the Trade Name Registration, Sole Proprietor Registration or Master Business License.
Please see the Registration Requirements (opens PDF in a new window)
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Privately Owned Company Certificate (opens PDF in a new window)
- Beneficial Ownership Form (opens PDF in a new window)
- Partnership Account Agreement (opens PDF in a new window)
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
- Canadian Intergovernmental Agreement (IGA) Certification Form (opens PDF in a new window)
- W-8IMY (opens PDF in a new window) (in the name of the Partnership)
- Withholding Statement - (Please contact RBC Direct investing contact center 1-800-760-2560 to obtain this particular form)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (for each partner)
- W-8BEN (opens PDF in a new window) (for each partner) OR W-9 (opens PDF in a new window) for each partner who is a U.S. citizen or U.S. resident for tax purposes
- Provide a copy of the Registered Declaration of Partnership (Registration Requirements (opens PDF in a new window)) or, where provincial law does not require registration or where the registered declaration is not otherwise (readily) available, provide a copy of the original Partnership Agreement that formed the Partnership
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Letter of Direction (opens PDF in a new window) authorizing RBC Direct Investing to open the account in the name of the partnership and deal with named individual for the purpose of placing trades, withdrawing assets and signing documents. Letter should be signed and dated by all Trading Officers
- Beneficial Ownership Form (opens PDF in a new window)
- Privately Owned Company Certificate (opens PDF in a new window)
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
- Canadian Intergovernmental Agreement (IGA) Certification Form (opens PDF in a new window)
- W-8IMY (opens PDF in a new window) (in the name of the Partnership)
- Withholding Statement - (Please contact RBC Direct investing contact center 1-800-760-2560 to obtain this particular form)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (for each partner)
- W-8BEN (opens PDF in a new window) (for each partner) OR W-9 (opens PDF in a new window) for each partner who is a U.S. citizen or U.S. resident for tax purposes
- Provide a copy of the Registered Declaration of Partnership (Registration Requirements (opens PDF in a new window)) or, where provincial law does not require registration or where the registered declaration is not otherwise (readily) available, provide a copy of the original Partnership Agreement that formed the Partnership
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Beneficial Ownership Form (opens PDF in a new window)
- Letter of Direction (opens PDF in a new window)authorizing RBC Direct Investing to open the account in the name of the organization and deal with "named individual" for the purpose of placing trades, withdrawing assets and signing documents. Letter should include organization structure.
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
-
Substitute W-8BEN-E form (opens PDF in a new window) (certain Canadian entities may complete a Substitute W-8BEN-E Form.)
OR,
if you are not eligible to complete the substitute W-8BEN-E, complete the official IRS form, W-8BEN-E (opens PDF in a new window)
(U.S. entities are to complete a W-9 (opens PDF in a new window) form)
- Provide a copy of the Articles of Association, or the association's original Constitution and By-laws.
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
Provide a resolution drafted by the board of directors that provides evidence that the individuals opening the account on behalf of the association have the authority to do so.
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Investment Account Club Agreement (opens PDF in a new window)
- Beneficial Ownership Form (opens PDF in a new window)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window) (for each member of the club)
- W-8BEN (opens PDF in a new window) (for each member of the Club) OR W-9 (opens PDF in a new window)for any members of the Club who are U.S. citizens or U.S. residents for tax purposes
- Provide a copy of the Articles of Association, or the association's original Constitution and By-laws.
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
Additional documents we may need:
Provide a resolution drafted by the board of directors that provides evidence that the individuals opening the account on behalf of the association have the authority to do so.
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
- Canadian Intergovernmental Agreement (IGA) Certification Form (opens PDF in a new window)
- W-8IMY (opens PDF in a new window) in the name of the Investment Club
- Withholding Statement - (Please contact RBC Direct investing contact center 1-800-760-2560 to obtain this particular form)
Required documents:
- Non Personal Account Application (opens PDF in a new window)
- Trust Account Beneficiary Confirmation (opens PDF in a new window)
- Trading Authorization Supplemental Form (complete one form for each individual) (opens PDF in a new window) (Valid Occupation List)
- Beneficial Ownership Form (opens PDF in a new window)
- Formal Trust Questionnaire (opens PDF in a new window)(To identify as Complex, Simple or Grantor Trust)
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
-
Substitute W-8BEN-E form (opens PDF in a new window) (certain Canadian entities may complete a Substitute W-8BEN-E Form.)
OR,
if you are not eligible to complete the substitute W-8BEN-E, complete the official IRS form, W-8BEN-E (opens PDF in a new window)
(U.S. entities are to complete a W-9 (opens PDF in a new window) form)
- Declaration of Tax Residence for Entities – RC521 form (opens PDF in a new window)
- Canadian Intergovernmental Agreement (IGA) Certification Form (opens PDF in a new window)
- W-8IMY (opens PDF in a new window) (in the name of the Trust, signed by the trustee(s))
- Withholding Statement - (Please contact RBC Direct investing contact center 1-800-760-2560 to obtain this particular form)
- Declaration of Tax Residence for Individuals RC520 form (opens PDF in a new window)(For each beneficiary or grantor)
- W-8BEN (opens PDF in a new window) (for each non-U.S. beneficiary for a Simple Trust, or grantor for a Grantor Trust) OR W-9 (opens PDF in a new window)(for each U.S. beneficiary or grantor who is a U.S. citizen or U.S. resident for tax purposes)
- A Certified True copy of the Trust Document is required.
Please note: You will need to retain the Operation of Account Agreement (opens PDF in a new window) / Operation of Account Agreement (French Version) (opens PDF in a new window) for your records.
2. Print, Sign and Forward all Required Forms and Documents
By Mail:
RBC Direct Investing Inc.
Royal Bank Plaza
200 Bay Street, North Tower
P.O. Box 75
Toronto, Ontario M5J 2Z5
In Person:
Drop off your forms and documents at any:
With an RESP (R E S P), you can choose to open either an Individual or Family plan:
- Individual plan: Save for one beneficiary, who does not have to be related to you. (Son, daughter, grandchild, brother, sister, friend, niece, nephew, godchild or yourself.)
- Family Plan: Save for multiple beneficiaries and add or change beneficiaries at any time. If a beneficiary does not pursue a post-secondary education, you can transfer the RESP (R E S P) funds to one who does. Beneficiaries must be related to you by blood and/or adoption. (Son, daughter, grandchild, brother ("blood" only), sister ("blood" only).)