Royal Bank of Canada - CAD Rate Margin Analysis
The average CAD rate margin offered by Royal Bank of Canada is 2.8%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.
Royal Bank of Canada - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
RBC timing and important conditions
RBC says most international transfers arrive within two business days, although some can take up to seven business days.
A sent transfer cannot be changed and is typically irreversible. Verify the recipient's identity, account number and bank identifier before confirmation.
RBC's C$0 transfer fee does not remove the exchange-rate cost. Intermediary and recipient banks can also impose service charges.
RBC card fees vary by product. A card-network conversion rate is not guaranteed to equal the mid-market rate, even where a separate issuer foreign-currency fee is waived.
What is the Royal Bank of Canada Send Money conversion rate for CAD to SAR?
The Royal Bank of Canada CAD to SAR exchange rate is 2.5869. This is -2.9% compared to the latest CAD-SAR mid-market rate 2.6630.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Saudi riyal (SAR) rates from different sources before making a conversion.
The above Royal Bank of Canada - Loonie to Riyal comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada and other foreign exchange providers against the latest CAD-SAR mid-rate and the possible savings of using various providers.