How Much Does RBC Really Charge You for Foreign Exchange?
RBC is Canada's largest bank by market cap, yet their FX markup of ~2.5% quietly drains thousands from businesses every year. On a $10,000 USD conversion, that's $250 you never see.
~2.5%
Average FX markup by Royal Bank of Canada
On $1,000 USD
$25 hidden
On $10,000 USD
$250 hidden
On $100,000 USD
$2500 hidden
Calculate Your Hidden RBC FX Fees
$USD/month
Yearly cost at RBC
$3,000/yr
2.5% markup × $10,000 × 12 months
Loop Basic
$600/yr
0.5% FX, no plan fee
Save $2,400/yr
Loop Plus
$1,248/yr
0.25% FX + $79/mo plan
Save $1,752/yr
Loop Power
$3,708/yr
0.1% FX + $299/mo plan
Plus: domestic and international payments are free on all Loop plans — no wire fees, ever.
See Your Real RBC FX Costs
Upload your RBC bank statement and our free audit tool will show you exactly how much you're losing to hidden FX markups.
Audit My RBC Statement →