What is the RBC online wire transfer limit?

RBC allows personal clients to initiate wire transfers online up to $50,000 CAD per day through RBC Online Banking. Transfers above this limit must be initiated in-branch with a teller. Business clients have higher online wire limits arranged through their RBC Business Banking relationship.

How much does RBC charge for a wire transfer?

RBC charges approximately $25 CAD for a domestic wire transfer and $40–$65 CAD for an international wire transfer, depending on the amount and destination currency. Incoming international wires have a $15 CAD receiving fee. Fees are subject to change — confirm current rates with RBC before initiating a wire.

How long does an RBC wire transfer take?

Domestic wire transfers within Canada typically settle the same business day if initiated before the cut-off time (usually 4:00 PM ET). International wire transfers typically take 1–5 business days depending on the destination country, currency, and any correspondent banks involved.

What is the SWIFT code for RBC wire transfers?

The SWIFT/BIC code for receiving an international wire at RBC is ROYCCAT2. The sender will also need your transit number, account number, full legal name, and the bank address: RBC Royal Bank, 200 Bay Street, Royal Bank Plaza, Toronto, ON M5J 2J5.

Can I cancel an RBC wire transfer?

You may be able to cancel a wire transfer if it has not yet been processed. Contact RBC immediately at 1-800-769-2511. Once a wire has been sent, recall is not guaranteed and may involve fees and delays. Domestic wires can often be cancelled before end of business day; international wires are harder to recall once the correspondent bank has processed them.

RBC Wire Transfer Limit Canada 2026 | Domestic & International

Wire transfers are the appropriate payment method when an e-Transfer is too small in amount or not accepted by the recipient — large real estate transactions, international business payments, or sending money to countries where Interac does not operate. RBC supports both domestic and international wires online (up to $50,000) and in-branch for any amount.

RBC Wire Transfer Limits at a Glance

Transfer Type	Online Limit	In-Branch Limit	Notes
Domestic (CAD)	$50,000/day	No published cap	Teller discretion; ID required
International	$50,000/day	No published cap	Teller discretion; AML checks apply
Business clients	Higher (negotiated)	Higher	Contact RBC Business Banking

The $50,000 online daily limit is a default. Clients who regularly send larger wire amounts can speak with RBC to arrange higher online limits.

RBC Wire Transfer Fees

Transfer Type	Fee (approx.)	Notes
Domestic wire (outgoing)	$25 CAD	Same-day settlement if before cut-off
International wire (outgoing)	$40–$65 CAD	Varies by currency and amount
International wire (incoming)	$15 CAD	Charged to the RBC account receiving funds
Currency conversion	2.5% FX spread	Applied if converting between currencies

These fees are in addition to any fees charged by the recipient’s bank or correspondent banks in the payment chain. For international wires, total costs can include your sending fee, an intermediary bank fee, and the recipient’s bank receiving fee — confirm with the recipient what they expect to receive net of fees.

Processing Times

Transfer Type	Typical Time	Cut-Off Time
Domestic CAD wire	Same business day	4:00 PM ET
International wire (US)	1–2 business days	3:00 PM ET
International wire (UK, EU)	1–3 business days	3:00 PM ET
International wire (other)	2–5 business days	3:00 PM ET

Wires initiated after the cut-off time are processed the following business day. Weekend and holiday submissions are queued for the next business day.

How to Send a Wire Transfer Through RBC Online Banking

Log in to RBC Online Banking at rbcroyalbank.com
Navigate to Transfers → Wire Transfer
Select the account to debit
Choose Domestic or International
Enter recipient details:
- Full legal name
- Bank name and address
- Transit/routing number (domestic) or SWIFT/BIC code (international)
- Account number or IBAN (where applicable)
Enter the amount and currency
Review the fee and exchange rate confirmation
Submit and save the confirmation number

For first-time recipients, RBC may require additional verification. Keep the wire confirmation number until the recipient confirms receipt.

How to Receive an International Wire at RBC

Provide the sender with all five pieces of information:

Detail	Value
Bank name	Royal Bank of Canada
SWIFT/BIC code	ROYCCAT2
Your transit number	5 digits (find in RBC Online Banking)
Your account number	7 digits
Bank address	200 Bay Street, Royal Bank Plaza, Toronto, ON M5J 2J5

Missing any one of these — especially the transit number — can cause the wire to be delayed or returned. Some senders also ask for the IBAN; Canada does not use IBANs, so provide the transit + account numbers instead.

Wire Transfer vs E-Transfer vs Bank Draft

Method	Limit	Fee	Speed	Best For
Interac e-Transfer	$3,000/transaction	$0–$1.50	30 min	Everyday payments
Domestic wire	$50,000+	$25	Same day	Large CAD payments
International wire	$50,000+	$40–$65	1–5 days	Cross-border payments
Bank draft	Up to account balance	$8.50–$15	Immediate	Guaranteed payment (real estate, vehicles)

For most personal transactions under $3,000, an e-Transfer is simpler and free. Wire transfers are worth the fee when the amount exceeds e-Transfer limits, the recipient is outside Canada, or the transaction requires a guaranteed same-day settlement.

In-Branch Wire Transfers

For amounts above the online daily limit ($50,000), initiate the wire at any RBC branch:

Bring government-issued photo ID
Provide the recipient’s full banking details in writing (transit/routing, SWIFT, account number, name)
A teller processes the wire and provides a receipt
Large transfers may require additional AML verification under FINTRAC regulations

FINTRAC reporting applies to cash transactions of $10,000+ and may apply to certain electronic fund transfers over threshold amounts. These are regulatory requirements and do not affect the transfer itself.