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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.
Virtual banking first became a possibility in 1996 with the Bank of Montreal's mbanx. mbanx was released at the very beginning of the internet banking revolution in Canada and was the first full-service online bank [26] Also in 1996, RBC started providing banking information online and had the first personal computer banking software released ...
On September 30, 1998, Royal Bank of Canada (RBC) acquired the banking portion of the Security First Network Bank, [2] while the software development company was spun off as S1 Corporation. RBC subsequently acquired Centura Bank of North Carolina, rebranded the online banking segment as RBC Centura , and made several adjustments to customer ...
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On January 15, 2007, CBC Radio reported RBC was "refusing" to open US dollar accounts for people of certain nationalities. [57] Canadian citizens with dual citizenship in Cuba, Iran, Iraq, Myanmar, North Korea or Sudan (mostly countries with US sanctions) were affected.
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