Royal Bank of Canada is a Canada-based multinational banking and financial services company with headquarters in Toronto, Ontario, and head office in Montreal, Quebec. It is the largest Canadian bank by market capitalization as well as one of the largest companies in Canada in terms of revenue and market capitalization.

RBC provides a wide range of financial services, including retail banking, credit cards, insurance, corporate banking, wealth management, and mortgage loans. It is a public company and is listed on multiple stock exchanges in many countries of the world, including Canada, the US, and Mexico.

Where is Royal Bank of Canada Headquarters, office locations on Map?

Get Directions

show options hide options
TitleCategoryAddressDescriptionLinkAddressPhone Number

General Information

HQ: 180 Wellington St W, Toronto, ON M5J 1J1, Canada
Traded as: NYSE: RY, TSX: RY
ISIN: CA7800871021
Industry: Financial services
Founded: Halifax, Nova Scotia 1864
Services: Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards and finance and insurance
Subsidiaries: City National Bank, RBC Bank and Royal Bank of Trinidad and Tobago
Business data: Google Finance

What is the Royal Bank of Canada known for?

Royal Bank of Canada is known for its wide-ranging financial services, which caters heavily to both the corporate and the public sector of the Canadian economy. Apart from Canada, RBC has also successfully expanded in other major countries of the world, including Europe and some parts of Asia.

RBC is known for personal and commercial banking, corporate and investment banking, insurance, and trust services, and asset and wealth management services.

Where is the Royal Bank of Canada headquarters located?

rbc royal bank of canada headquarters
RBC Royal Bank Enhanced by

Royal Bank of Canada locations is mainly in Canada. The official headquarters of RBC is located in Toronto, Ontario, although the head office of the corporation is located in Montreal.

The company has a total of 58 offices in 14 countries of the world. The contact number for customer services at Royal Bank of Canada is: Number: 1-800-769-2511

How do I contact Royal Bank of Canada corporate?

There are a number of options available through which one can contact RBC, each for a different category of customers looking for a different type of service.

In addition to this, one can file a complaint regarding the company’s adherence to the privacy policy; one can contact the relevant authority after getting instructions from the local website about how to do that.

Also, one can contact the Office of the Privacy Commissioner of Canada to file any complaint regarding Privacy protection, but these reports must be made in writing (not in chat or on the phone).

Lastly, one can also contact the Office of the Privacy Commissioner of Canada here.

How do I list a complaint against the Royal Bank of Canada?

There are multiple options to file a complaint against the Royal Bank of Canada. One can contact RBC customer care here. Or can complain to Chief Privacy Officer (especially if the case is too critical) by mail at the following address.

Address: Office of the RBC Chief Privacy Officer, PO Box 7500, Station A Toronto, ON M5W 1P9

European residents or citizens can contact the data protection officer at

Complaints regarding adherence to the privacy policy can be filed with specific instructions listed at the local regulatory site for the complaint. Lastly, a person can contact the Office of the Privacy Commissioner of Canada.

Royal Bank of Canada History

The first Royal Bank of Canada location was at Halifax back in 1864. It was created by maritime traders who thought that it could help them in their commercial activities. Soon, the company received its federal charter and became a public company.

In the coming years, the ban will expand in other regions of Canada. The Royal Bank of Canada stock for the company listed on the Montreal stock exchange in 1893 and started being publicly traded.

In the late 1800s, the bank started expanding its business activities internationally (in South American countries) but nevertheless remained a small bank compared to the banking industry of Canada.

In the 1900s, the bank started experiencing rapid growth and expanded to many large cities of Canada. The bank shifted its head office from Halifax to Montreal in 1907. In the coming years, the bank merged with many big banking companies of the country to expand Royal Bank of Canada locations all over the country.

One such transaction, i.e., RBC’s takeover of the Union Bank of Canada, made it the largest bank in the country, and it maintained this position for a long time and even holds it right now.

Royal Bank of Canada suffered problems during the Great Depression of the 1930s, but its excellent management and adherence to strict lending policies saved it from any major crisis.

In the war years (WWII), the Royal Bank of Canada established itself as a major developer of Canada’s natural resources such as oil and gas. Post-war, it expanded itself in the new rising consumer banking industry and established its market dominance in Canada’s mortgage loan services. The bank also introduced its mutual funds and started using computers for its operations.

In the late 20th century, the bank partnered with American financial institutions such as Chase Bank to expand its services towards the corporate and investment banking industry and created Orion bank. This venture proved extremely successful for RBC as it quickly outsold its partners and became the sole owner of Orion bank, which is still working under RBC with the name RBC capital markets.

RBC further diversified its interests by going into wealth management; it bought a large share of the investment company Dominion Securities. In the coming years, RBC also included insurance services in its service portfolio.

In the early 2000s, the bank expanded its international presence by acquiring and merging with American banks after it was denied merging with the Bank of Montreal in Canada. It also expanded its wealth management portfolio, becoming one of the top 50 in the world. Despite selling a major chunk of its insurance component in 2016, it is still the largest bank-owned insurance service provider in the Canadian insurance industry.

Company Profile

Royal Bank of Canada is a multinational diversified financial and banking services providing company that serves retail, corporate and institutional clients in Canada and the US.

The company offers personal banking, corporate and investment banking, wealth management, insurance, and treasury services through personal and corporate financial services, card and payment processing solutions, wealth management, and insurance-related services.

Royal Bank of Canada CEO and Key Executive Team

The executives of Royal Bank of Canada are given below in the table with their corresponding posts at the organization:

Names Designations
David Mckay President and Chief Executive Officer
Roberta L. Jamieson Corporate Director
Michael Dobbins Chief Strategy and Corporate Development Officer
Helena Gottschling Chief Human Resource Officer
Christoph Knoess Chief Administrative and Strategy Officer

Top 5 biggest Royal Bank of Canada competitors or Alternative

rbc royal bank of canada top competitors or alternatives

1. Toronto Dominion Bank

The Toronto-Dominion Bank is a banking and financial services company that is headquartered in the city of Toronto, Ontario. Toronto-Dominion is the largest bank in Canada by total assets and the second-largest bank in Canada by stock market capitalization and is one of the largest banks as well as companies in Canada as well as in North America.

The corporation has over 89,000 employees and more than 26 million clients. It provides It can be considered a powerful player in the market but is still second to RBC in its market dominance, so it is not a big danger to it.

2. Scotiabank

Scotiabank is a Canadian multinational financial and banking services providing company headquartered in Toronto, Ontario. It is included in the list of the largest banks in Canada and serves about 25 million clients all over the world.

Scotiabank is considered to be the most international of the major banks in Canada because it has expanded in South America, Europe, and Asia, so it has a competitive edge over RBC in this case, but RBC has been successful in establishing its dominance in Canadian banking and financial market.

3. Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce is a multinational financial and banking corporation that offers commercial and corporate banking to over 11 million clients all over the world. It has over 40,000 employees in the world.

The bank is one of the big 5 banks of Canada and has been able to expand itself in other countries of the world, so it is a worthy competitor to RBC.

4. Bank of Montreal

Bank of Montreal is an investment bank headquartered in Toronto, Ontario. It is one of the big 5 banks of Canada as well as one of the largest banks in North America and caters to both public as a retail bank and large corporations as an investment banking company and has expanded itself to other large countries such as the US in addition to serving the Canadian banking sector.

The bank is known for its good reputation and consistent stock payments.

5. National Bank of Canada

It is included in the list of the largest banks in Canada and is headquartered in Montreal. The bank dominates the financial and banking landscape of Quebec.

While the National Bank of Canada operates in multiple financial services, the bulk of its revenue comes from personal and commercial banking.

Is Royal Bank of Canada stock a good buy when considering long-term investments?

Yes, the Royal Bank of Canada is a good buy considering long-term stocks. The best indicator of this is that the RBC has always been able to stand ahead of other banking companies from Canada.

Even during pandemic, RBC has been able to manage its earnings and expand its profitability which guarantees stock appreciation in the coming years.

Considering the well-diversified product and service portfolio of RBC, the company seems o have managed its risk well. Even if one of its sectors (such as insurance) suffers a crisis, other sectors will enable the company to still manage its profitability and reputation.

Combining that with the decent dividend yield (about 3.4%), the Royal Bank of Canada stock is a perfect buy and hold for investors who want stock appreciation and consistent income.

Things You Need to Know About Royal Bank of Canada:

  1. Royal Bank of Canada is the 9th largest bank in the world and is 5th largest in the continent.
  2. It is the biggest bank in Canada by revenue and by its stock market capitalization.
  3. The bank was recently added to the list of the systematically important bank because RBC has a deep influence on the global financial system, and its stability is necessary for the stability of the system.
  4. The bank is specifically known for its excellent administration, which has led to the growth of the bank since its inception also its above average risk management strategy, which has protected it from large financial crises.
  5. The Royal Bank’s official symbol is a lion holding the globe of the world. Over the years, the symbol has changed and been modified according to the needs (for example, during the expansion in the US) but has been seen on a big picture level.


When did the Royal Bank of Canada go public?

The company acquired an official federal charter in 1869 and was listed on the Montreal stock exchange in 1893 when Royal Bank of Canada stock started trading publicly. Currently, it is listed on many stock exchanges of the world, including some in Canada, the US, and Mexico. Listed on the Toronto stock exchange, the company has a ticker symbol of RY and is currently trading at CAD 131.96.

Royal Bank of Canada pays dividends?

Yes, Royal Bank of Canada pays dividends to its shareholders like most other banking and financial services corporations. On its Toronto Stock Exchange-listed shares, it paid a dividend of about CA$1.08 in November.

That makes RBC’s annual dividend yield 3.4%, which is pretty much in line with the industry average. Moreover, it is expected that the dividend yield of the Royal Bank of Canada will rise in the near future as per its earnings per share suggest.

Who is the auditor of the Royal Bank of Canada?

Deloitte, a multinational network of professional services, has been conducting independent auditing of the Royal Bank of Canada in recent years.

What software does the Royal Bank of Canada use?

RBC uses several software products to support its banking system, which includes but are not limited to:

  • Temenos T24
  • IBM Emptoris
  • Contact Lifestyle Management
  • SAP Ariba Procure
  • SAP R/3

How do I find my transit number TD?

A person can find his or her transit number by logging into their online account. Under the bank accounts section, a 5-digit transit number and a 10-digit account number are given. Another way to get your transit number is to search for it on the checkbook provided by the bank.

What does the Royal Bank of Canada produce?

RBC provides a number of financial services. Its product and service portfolio is divided into five major categories:

  1. Personal and commercial banking, which operates in about 46 countries of the world.
  2. RBC wealth management provides investment-related products and services to retail investors
  3. RBC capital markets for investment banking services
  4. RBC Insurance provides insurance-related services
  5. Investor and treasury services provide custody and fund management services.

How do I download QBO from RBC?

The process for this is given below:

Go to the official site of the Royal Bank of Canada. Sign in to your online banking account by giving your identification number (client card or business client identification number) and password. Go to copy to accounting software button and click on all the accounts you need to download and the time period for which you would like to download

How do I send a wire transfer to my RBC account?

To do a wire transfer to your RBC account, you need to provide the sender account with your branch’s phone number, fax number, and transit number. In addition, you need to provide the account number where you want the money to be transferred.

This number will be an institution number in case the transaction is happening within Canada, an ABA number if the money is being transferred from the US, and is the swift number in case the funds are being transferred from any other Royal Bank of Canada locations internationally. Lastly, you need to provide your branch address.

How does the Royal Bank of Canada Differentiate itself?

The main factors that have helped RBC differentiate itself are superior management, excellent customer service, and adherence to strict financial rules that helped survive it through thick and thin.

Does the Royal Bank of Canada have US branches?

Yes, the Royal Bank of Canada has its offices in Us and provides its services and solutions to US-based people. Royal Bank of Canada locations is all over the USA.

Executive Summary

Royal Bank of Canada is a Canada-based multinational financial and banking services company that provides a multitude of services to a wide range of clients.

It has been able to consistently manage itself among its competitors by differentiating through superior management and customer services.

The company can be considered a good buy when an investor is looking for long-term capital appreciation and a decent passive income. The Royal Bank of Canada stock can be considered a good buy as the company is expected to make large profits.

Previous articleCloudflare Headquarters
Next articleSquarespace Headquarters


Please enter your comment!
Please enter your name here