Royal Bank of Canada: Best Private Banking Services Canada 2020


As one of the world’s largest financial institutions, the Royal Bank of Canada (RBC) deploys a purpose-driven, principles-led approach to help clients and communities prosper. The bank is a one-stop destination for business and institutional clients, and private clients benefit from a wealth of products and services to support every stage of their personal and professional journeys. RBC affords clients “anytime, anywhere” access with more than 1,200 branches, 4,200 ATMs and a robust digital platform. It attracts new clients with competitive products and ensures loyalty with outstanding service and rewards. RBC has specialised chequing and savings accounts for students, new residents and holders of US-dollar accounts, and offers a selection of 20 credit cards. The bank is a trusted ally in the housing market, providing mortgage services, educational resources, planning tools and special partner offers. RBC credit lines and loans come with competitive rates and advice to assist with cash flow and debt reduction. It encourages its clients to plan for the future by opening investment accounts, and covers the full range, including several tax-smart investment plans, mutual funds, stocks and bonds, guaranteed investment certificates, savings deposits and exchange-traded funds. RBC has launched a series of Beyond Banking Ventures to solve real-world problems and generally improve quality of life. The judging panel is pleased to present the Royal Bank of Canada with the 2020 award for Best Private Banking Services (Canada).