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RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, [6] but now only offers cross-border banking services to Canadian travellers and expats. RBC's other Los Angeles-based US subsidiary City National Bank operates 79 branches across 11 US states. [7]
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States–based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
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According to a ranking produced by Standard & Poor's, in 2017, the Big Five banks of Canada are among the world's 100 largest banks, with TD Bank, RBC, Scotiabank, BMO, and CIBC at 26th, 28th, 45th, 52nd, and 63rd place, respectively. [4] RBC and TD Bank are also on the Financial Stability Board's list of systemically important banks as of 2020 ...
[28] [29] Several Canadian financial institutions that primarily offer VISA credit cards, including CIBC, RBC, Scotiabank, and TD, also issue a Visa Debit card in addition to their Interac debit card, either through dual-network co-branded cards (CIBC, Scotia, and TD), [30] [31] [32] or as a "virtual" card used alongside the customer's existing ...
Americans already do most of their banking online — at least 7 out of 10 U.S. households are enrolled in digital banking, according to a survey on digital financial literacy, with 95% of those ...
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