Good news if you’re an RBC customer. The bank has announced that all of their Automated Teller Machines (ATMs) are now calibrated to dispense and receive the new polymer $100 bills. RBC does not charge its customers a fee for withdrawals or deposits at its ATMs.
Standard service fees apply to RBC customers who deposit their funds over the counter inside of a branch, however these fees do not apply to senior citizens with an RBC SixtyPlus account. Customers are still required to deposit their old $100 bills into their accounts before they can withdraw new ones over the counter. RBC says this was necessary in order to maintain accurate records of all cash transactions in keeping with internal policies, established international best practices, and regulatory requirements to which they must adhere to as a large, global financial institution. See a statement below from RBC’s Managing Director for T&T, Gretchen Camacho-Mohammed, about the availability of the new bills at all RBC ATMs. The quick timelines associated with this process have required us to double our efforts and speed up technical work to make sure our systems can accept and dispense the new banknote. At this already-busy time of year, we want to extend our deepest thanks to everyone involved, including our clients, our vendors, our technical teams, and our branch staff. We are a small operation. If you've found our articles to be informative, please consider supporting us via PayPal or buying us a coffee. Your contribution is incredibly appreciated and goes a long way. Simply sharing our articles also helps us. Sign up for our free WhatsApp Alerts to be notified as soon as we post breaking news. NEW! Check out our Merchandise Store for high-quality t-shirts, hats and more!
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28/7/2022 08:41:45 am
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