Royal Bank of Canada wire transfer: transfer time, fees, and limits

If you’re a Royal Bank of Canada account holder, you may be seeking easy ways to send wire payments domestically or internationally. Take a look at this guide to learn about transfer time, fees, limits and more!

Royal Bank of Canada Domestic Wire Transfer Fees

You have the option to make a domestic wire transfer online, via mobile banking service or by personally visiting your preferred branch. If you prefer the latter, make sure to set an appointment with a specialist.


For domestic wire transfers, provide the following information:

  • Recipient’s name and contact details.
  • Recipient’s bank account details and transit number.
  • Wire routing number (also called the ABA code).
  • Details of the payment amount and the desired processing date.
Type of wire transferFee
Incoming Domestic WireFree
Outgoing Domestic WireC$15 for amounts > C$2,500, C$20 for amounts C$2,500 to C$10,000

Create an account with Instarem for cheaper and faster wire transfers

Royal Bank of Canada International Wire Transfer Fees

For international wire transfers with Royal Bank of Canada, you’ll need to following information:

  • Name and address of the recipient in the foreign country.
  • Recipient’s overseas bank account number.
  • Recipient bank ID, like a SWIFT code, BIC or national ID.
  • Foreign currency of the recipient’s bank account for currency exchange.
  • Purpose of the wire transfer.
Type of wire transferFee
Incoming International WireFree for amounts C$50 and below USD $17 or C$17 for amounts above USD $50 or C$50
Outgoing International WireC$35 via wire transfer C$13.50 via International Money Transfer
Royal Bank of Canada Wire Transfer Limit

Royal Bank of Canada has wire transfer limits on outgoing wire transfers through its online banking system, particulary:

Type of transferLimit
Daily Minimum LimitC$0.01
Daily Maximum LimitC$5,000
Royal Bank of Canada Cutoff Times

Keep in mind that Royal Bank of Canada imposes a strict cut-off time for both domestic and international wire transfers. Make wire transfers before this designated time to ensure timely processing!

Type of wire transferCut-Off time
Domestic Wire Transfer6:00 PM Eastern Time
International Wire Transfer6:00 PM Eastern Time

Royal Bank of Canada Wire Payments

Royal Bank of Canada Additional Account Services



The information provided in this guide is intended for general informational purposes only. While every effort has been made to ensure the accuracy of the information, banking policies and fees may be subject to change. Users are strongly advised to verify specific details and consult with their banks should they have any questions or concerns.

Instarem assumes no responsibility for any errors or omissions in this guide, or for any actions taken based on the information provided herein.

More currency pairings for USD

If you cannot find the currency you would like to send to, it means we currently do not support transfers to that currency.

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