Now that your business is registered and you’ve completed your final review, our team will connect with your local RBC branch to begin creating your RBC Business bank account. Consent to a credit check must be obtained from all individuals who will have access to the bank account (including Directors, and shareholders of 25% ownership or more).
Through your Ownr dashboard, you can track:
The status of your incorporation
Signatures required for your legal formation documents
The status of your business bank account
The business bank account setup requires a visit to an RBC branch to sign documents and verify ID. Our team will book an appointment at the preferred time and branch location you’ve selected. The main document you will need to bring to your bank appointment to set up your account is your Articles of Incorporation. You can find this document in the ‘Organization’ tab of your Ownr Dashboard.
Any directors, shareholders with 25% ownership in the company or more, or whoever will require banking access will be required to attend that visit physically in the branch.
In some cases, when issues arise with the banking tools that we use at Ownr, appointments can not be booked. You can still create your bank account by contacting the bank directly and the rebate offer is still valid.
It is highly recommended that all individuals who require access to the bank account attend the RBC appointment in the branch, at the same time and location. If that is not possible then the RBC advisor will forward documents that require signatures to the nearest RBC branch of the remaining company members.
While at your appointment, be sure to ask your advisor about other RBC offers to help manage and grow your business. These include:
Different types of business bank accounts available
Request Rebate: If you received an automatic discount but do not apply and get approved for a Business Bank account with RBC and click “Confirm Account Open” within 60 days of payment the discount will be reversed and the amount of the discount will be automatically charged to the credit card you used to pay for your registration.
If you have not received an automatic discount, you will receive the Offer as a credit in your bank account within 7-10 business days of clicking “Refund Me” from your Ownr dashboard.
For other next steps pertaining to your business registration, check out these 6 things to do after incorporation
If you have any questions, contact our customer success team at [email protected]