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Royal Bank of Canada

www.rbcroyalbank.com..
Category: Banks
RBC provides banking, wealth management services, insurance, corporate, investment banking and transaction processing services on a global basis. We employ approximately 77,000 employees who serve more than 18 million clients through offices in Canada, the U.S. and 53 other countries.
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I'm conflicted
As an investor in their stock I like how they nickel and dime their clients.

As a client I hate how they nickel and dime their clients.

Decent on-line account management and they, of-course, ding you for a monthly fee.

Their mutual funds do quite well comparatively.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Bmcn Seattle, WA

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Fees everywhere, good set of Mutual Funds
My very first bank ever.

RBC = fees everywhere.

Sadly, it is the same story for all the Canadian Banks, Bank of Montreal, Toronto Dominion Bank, CIBC, Scotia Bank, They all charge ridicoulous fees for the slightest things.

As for their investing platform, RBC Direct is extremely costly unless you have over 100K in assets with them.

Her customer service however has been quick and efficient the very few times I have needed to have an issue solved.

RBC has a decent Mutual Funds selection, at least in comparison with the rest of the Canadian banks, and they have been awarded several times for it. I still have some small investments in some of their Mutual Funds and feel happy about them.

Overall, I would say, avoid this bank if you are looking for peace of mind, and some growing on your savings account.

If you live in Canada and are interested in some long term investments then give the RBC some consideration

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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Henriksantander Toronto, ON

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A good bank if your rich!
I have been a Royal Bank Client since 98,

They are the classic story of a Bank that loves rich people and treats common people like shit!

I have had few issues in that time but a few times of caught these guys charging outragous fees!

Any time I have had a problem it has been a nightmare trying to solve it, they will lie to your face and hit you with as many fees as they can!

They hit my sudent acount with over $450 in fees with out even alerting me, none of these fees could justified!

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Skyler418 Vancouver, BC

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Not so good......
Brokerage fees outrageous. Banking fees too high. Not enough branches to serve my area. Financial advice appauling

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JK_1 Rossland, Bc

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Displaying 1-4 of 4 Total Reviews
 
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