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Set up a Pre-Authorized Contribution Plan today!

It is now faster and easier than ever for you to start saving regularly to help you realize your saving goals. With the new online pre-authorized contributions (PAC) you can set-up automatic contributions to your RBC Direct Investing™ RSP, TFSA, RESP and non-registered investment accounts, in regular, easy-to-manage installments throughout the year.

Here's how it works:

  • Choose to contribute to your RBC Direct Investing accounts on weekly, monthly or quarterly basis by transferring cash from your RBC Royal Bank® chequing or savings account.
  • Once your pre-authorized contribution is set up, you can easily make adjustments through the PAC Dashboard. You can increase or decrease the amount you contribute or even cancel it – at any time.
 
 

Set up a Pre-Authorized Contribution Plan today:

Set up a PAC Plan through Online Investing

  1. Sign into the online investing site (opens new window) and from the My Portfolios tab select the Transfer Funds page
  2. Select the Pre-Authorized Contribution (PAC) tab
  3. Then enter the required information on the PAC setup page
 

Expand - Set up a PAC Plan with an account held outside of RBC Royal Bank: Set up a PAC Plan with an account held outside of RBC Royal Bank:

 

Use our calculator to see how saving regularly can help you reach your savings goal. Get Started.

 

Did you Know?

Setting up a pre authorized contribution may help you save $25 per quarter.

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As of July 1, 2012, if you set up a pre-authorized contribution plan, totaling $100 or more per month ($300 or more per quarter), your quarterly maintenance fee will be waived. This means a savings of $25 per quarter if haven't already met the $15,000 minimum threshold!

This is just one of many new ways you can have the maintenance fee waived, for more details visit the Commissions and Fees Schedule (opens new window).

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