- RBC Direct Investing the only bank-owned brokerage in
Canada to offer self-directed
investors online International Trading through London, Hong
Kong, Frankfurt and
Euronext Paris exchanges
- All RBC Direct Investing clients can now hold and trade
in GBP, HKD, EUR, JPY, CHF, SGD, AUD, NZD
- Both RBC online investing platforms, RBC Direct Investing
and RBC InvestEase, are also offering a powerful incentive for new
clients: up to 500,000 Avion points, worth up to $10,000 in travel value1 (Terms and
conditions apply)
TORONTO, Dec. 5, 2024
/CNW/ - Bringing access to markets around the globe, RBC
Direct Investing has launched online International Trading in
multiple foreign currencies for all its investors – becoming the
only bank-owned online brokerage in Canada to offer this capability.
RBC Direct Investing clients can now trade online through
London, Hong Kong, Frankfurt and Euronext Paris exchanges, and
hold and trade in eight global currencies – including the British
pound (GBP), Hong Kong dollar
(HKD) and Euro (EUR). This new capability is in addition to being
able to trade online in U.S. markets and hold and trade in U.S.
dollars. Clients can also trade by phone in multiple international
markets.
The added benefits:
- Clients with an RBC British Pound, Hong Kong Dollar, or Euro
eSavings Account can instantly transfer funds, within the standard
business day, in the same currency between their RBC account and
their RBC Direct Investing account
- From within their RBC Direct Investing account, that currency
is then immediately available for online International Trading– no
wire transfers, no delays
- Also, once clients hold GBP, HKD, EUR, JPY, CHF, SGD, AUD and
NZD foreign currencies in their RBC Direct Investing account, they
can trade in the same currency with no further foreign exchange
fees
"All our self-directed investors already have the strength of
three powerful trading platforms, plus extensive research and
commentary at their fingertips – now we are bringing them online
access to trade around the world," said Dimitri Busevs, president
and CEO, RBC Direct Investing, one of Canada's largest online investment
brokerages.
Up to 500,000 more reasons to begin online investing with
RBC
At the same time, for Canadians who aren't yet investing
online with RBC, there now are up to 500,000 more reasons for doing
so. That's how many Avion points – worth up to $10,000 in travel value1 – investors
new to RBC Direct Investing or to RBC InvestEase now can gain, when
they open and fund an eligible account with either of these
services by March 3, 2025. They can
also receive $300 in cash and other
benefits*.
(*Links to related
Terms and Conditions are included at the end of this news
release.)
|
"For Canadians who may not have considered RBC online investing
options before, this is an opportunity to gain up to 500,000 Avion
points to use as they wish – to pay commissions on Canadian dollar
and U.S. dollar trades, fund their RBC Direct Investing account or
help make a special trip possible," added Busevs. "This is yet
another reason to take a look at the ease, convenience and depth of
our trading platform."
"We understand Canadians want their money to work harder for
them, and with this offer, we are rewarding them for choosing RBC
to help them make that happen," noted Christine Socasau, head of
RBC InvestEase. "We expect the opportunity to obtain up to half a
million Avion points will be highly appealing to clients new to RBC
InvestEase, who value professional advice at a reasonable
cost."
As an online investment management service, RBC InvestEase also
gives investors the invaluable gift of time. "We do all the heavy
lifting for them," explained Socasau. "We build, manage, monitor
and rebalance their ETF portfolios on a daily basis, letting our
clients enjoy their lives while we take care of their
investments."
Additional information about online International Trading
through RBC Direct Investing is available at 9 International
Trading Questions Answered + What to Know to Get Started. To learn
more about the Avion points and cash offer and other benefits for
new online investing clients, including Terms and Conditions,
please visit RBC Direct Investing at
rbcdirectinvesting.com/dms/wis2025/offer.html and RBC
InvestEase at
rbcinvestease.com/dms/campaign/wis2025/offer.html.
1 Note: Travel value is
dependent on product held. $10,000 is based on Avion Elite tier
travel redemption using the Air Travel Redemption Schedule. Further
details are available at avionrewards.com/travel
|
Disclaimer
This is intended as general
information only and is not to be relied upon as constituting
legal, financial or other professional advice. A professional
advisor should be consulted regarding your specific situation. The
information presented is believed to be factual and up to date but
we do not guarantee its accuracy and it should not be regarded as a
complete analysis of the subjects discussed. All expressions of
opinion reflect the judgment of the authors as of the date of
publication and are subject to change. No endorsement of any third
parties or their advice, opinions, information, products or
services is expressly given or implied by Royal Bank of
Canada or any of its
affiliates.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 98,000+ employees who
leverage their imaginations and insights to bring our vision,
values and strategy to life so we can help our clients thrive and
communities prosper. As Canada's
biggest bank and one of the largest in the world, based on market
capitalization, we have a diversified business model with a focus
on innovation and providing exceptional experiences to our more
than 18 million clients in Canada,
the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/peopleandplanet.
About RBC Direct Investing – a self-managed, easy-to-use
digital investing platform that enables you to trade when and how
you want.
As an online investor with RBC Direct Investing,
you have access to three powerful trading platforms with a fully
customizable dashboard. We provide extensive investor resources,
including advanced trading tools, research from experts and free
real-time market data, to help you make informed investment
decisions. Our online magazine, Inspired Investor –
Trade, brings you personal stories, timely information and
expert insights to empower your investment decisions. You can make
investments online, or through the RBC Mobile† app,
including International Trading through London, Hong
Kong, Frankfurt and
Euronext Paris exchanges. You can hold and trade in eight global
currencies – including the British pound, Hong Kong dollar and Euro – in addition to
being able to trade online in Canadian and U.S. markets and hold
and trade in Canadian and U.S. dollars. Also, only at RBC Direct
Investing, you can use your Avion points to pay for trade
commissions and fund your accounts. Our products include stocks,
ETFs, options, mutual funds, bonds and GICs. We offer FHSA,
TFSA, RRSP, RRIF, RESP, non-registered investments (cash and
margin) and non-personal accounts. Our English, French, Cantonese
and Mandarin language-speaking agents are available to answer your
questions and provide you with assistance getting started and our
trading dashboard is enabled for International Trading in English,
French, Simplified and Traditional Chinese. More information is
available at rbcdirectinvesting.com.
† RBC
Mobile is operated by Royal Bank of Canada, RBC Direct Investing
Inc. and RBC Dominion Securities Inc.
|
About RBC InvestEase – a digital-first platform combining
active professional portfolio management and dedicated human advice
as a convenient, cost-effective way to invest in your
future.
With RBC InvestEase, you gain online access to
diversified ETF portfolios, actively managed by a dedicated team –
all for a low fee. The process begins with a simple online
questionnaire to understand your individual goals, objectives and
risk tolerance. Our professional team of Portfolio Advisors then
takes care of selecting, buying and managing the ETFs, monitoring
each account daily and rebalancing as necessary to keep you on
track. There is no minimum investment required to open an account.
Our Portfolio Advisors are also available via phone or e-mail to
offer personalized advice if you need it and to answer to any
investment questions. RBC InvestEase currently offers FHSA, TFSA,
RRSP and non-registered investment accounts. More information is
available at rbcinvestease.com.
About Avion Rewards
Avion Rewards is
an award-winning internationally recognized loyalty and
consumer engagement platform that provides Canadians with the
flexibility to shop, save, earn and redeem for everyday
merchandise, aspirational rewards and experiences. Its exclusive
shopping companion, Avion Rewards ShopPlus, enables members to
access offers seamlessly, saving them time and money right where
they shop online. Additionally, as one of the largest travel
providers in Canada, Avion Rewards makes it possible for
members to benefit from the program's market-leading "any airline,
any flight, any time" travel offering, as well as its flagship
Avion credit cards and concierge service. Learn more
at avionrewards.com.
Media contact:
Kathy
Bevan, RBC Corporate Communications, 647-618-2287
SOURCE RBC Royal Bank