Through RBC Dain Correspondent Services' Automated Clearinghouse (ACH) capabilities, your clients can move money effortlessly.
And the less work for them, the fewer hassles for you and your Financial Consultants.
Clients can take advantage of ACH functions through our Investment
Access® Account. By using ACH, your clients can benefit in several ways:
Automatic payments of dividends and interest Your clients can have their dividends and interest sent via ACH to a bank account,
rather than going through the trouble of receiving and cashing paper checks.
Systematic investments As you well know, it's not always easy to get your clients going on a systematic investment plan. But ACH
can take away the biggest roadblock your clients face procrastination. Instead of investing when they get around to it, they can arrange
for a set dollar amount to be transferred, on regular intervals, to the investment of their choice.
Direct deposit It makes little sense for clients to trudge to the bank to deposit their checks, only to earn a poor rate of return. It's much
simpler and more productive to have their paycheck, pension or Social Security check deposited directly into a money market fund in
their standard investment account or Investment Access Account.
ACH transactions will appear on the monthly statements of clients' investment and bank accounts. And it's also easy for you and your
Financial Consultants to track ACH activity, because you'll have access to your clients' historical ACH screens and set-up screens.
ACH it's the way to move money today.
RBC Dain CS helps you tell your clients about ACH with a special brochure in our Client Information Series. For more information Contact Us. |