The Royal Bank of Canada has expanded its business banking services into 12 additional countries throughout Europe and the Asia-Pacific region.
The Royal Bank of Canada (RBC) said that comprehensive cash management services and products are now available in the following European countries: Austria, Belgium, France, Germany, Italy, Portugal and Spain. In the Asia-Pacific region, in addition to China, the countries included are: Australia, Hong Kong, New Zealand and Vietnam.
RBC will act as a single point of contact in Canada for business owners and clients will continue to use RBC Express, an electronic cash management suite of products and services. This arrangement complements RBC’s existing cash management capabilities offered through its UK-based office. Similar cash management services in other regions will be added in future, as RBC moves to enhance its global business banking services, the bank said.
Jana Henderson, director of global services at RBC Royal Bank, said: Establishing banking arrangements abroad can often be a complex process for businesses, no matter what their size. RBC is already supporting our business clients’ needs here in Canada and across North America; and we’re now able to provide consistent, dependable banking experience for their international business needs as well. Our goal is to let business owners focus on what’s most important to them — running their business.