BER Benchmark: Royal Bank of Canada CAD FX Rates & Margins
BER Benchmark monitors Royal Bank of Canada exchange rates across the CAD currency corridors tracked by BER. The current average margin versus the mid-market rate is 2.8%.
This average is based on the CAD 10,000 transfer rates currently monitored by BER across the available Royal Bank of Canada currency corridors.
Royal Bank of Canada - Lowest and Highest FX Margins
BER Benchmark ranks the Royal Bank of Canada currency corridors currently monitored for Canadian dollar transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a CAD 10,000 transaction.
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.