Automated clearing house Electronic funds transfer

Automated Clearing House (ACH) helps you save valuable time, improves your ability to manage your assets, and creates a safer environment for you when transferring assets.

What is ACH? • Electronic payment of dividends and The systematic investments into your Rather than receiving a ACH is simply the automated deposit or interest — account will occur automatically. paper check in the mail, you can have withdrawal of funds from one account These transfers can easily be changed these payments deposited directly to another account. ACH offers a or canceled at any time. If you need to your bank account. You’ll benefit variety of features to help meet your to make a change to your account, from both the safety and convenience cash flow needs. contact your financial advisor for the of this automated transaction. appropriate forms. • Direct deposit — Save yourself a • Systematic withdrawals — Keep your trip to the bank and earn a better money working and earning a return Once your account is set up with ACH, rate of return by arranging to have until you need it elsewhere. You can moving money can be as simple as a your paycheck, pension check, social arrange for a set dollar amount to be phone call to your financial advisor. security check, or any check you transferred from your account to your receive on a regular basis directly To check the status of your ACH outside account(s) on a regular basis. deposited into your account. transactions, access your account(s) • Accept debits from billers — Arrange • Systematic investments — Regular online or call your financial advisor. to automatically pay your mortgage, investing has never been easier. You your car loan or any other regular bill. Managing your assets does not have to can arrange for a set dollar amount Simply complete the forms provided be a time-consuming task. ACH is easy to be transferred from any outside by your outside biller , and we will do to set up and easy to use. Contact your account into your account on a the rest. financial advisor to get started today. regular basis. You tell us how much and how often, and we will do the rest. How does ACH work? • On-demand deposits — You can Once you complete an ACH application also enjoy the flexibility of depositing with the information on your outside funds as needed. Simply call your accounts, we will set up your account financial advisor. and process a test run (called a prenote). Additionally, consider depositing After the test run, ACH transactions will checks on-demand securely and begin processing from your account. remotely through the RBC Wealth Management Online mobile app. The systematic withdrawals out of your Available for iPhone, iPad or Android account will occur for the same amount, device, the RBC Wealth Management at the same time, to the same payee. Online app is free on the App Store® or Google Play™.

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested. © 2020 RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC. All rights reserved. 20-31-01879-3121 (04/20)