RBC Express Mobile now available: Making management of business finances faster, easier and more convenient

First financial institution in Canada to offer a mobile business banking app on all major platforms

TORONTO, July 15, 2014 /CNW/ - With the many daily demands of owning a business, effectively managing time can be just as crucial, and just as challenging, as managing finances. To make both of these easier and more convenient, RBC today launched RBC Express Mobile, an intuitive and secure business banking app that brings the robust and flexible features of RBC Express Online Banking to business clients on the go.

"We know that business owners rarely sit still and that's why it's important for us to help them stay on top of their finances while on the go," said Blaise MacNeil, Vice-President, Business Treasury Solutions, RBC. "We're excited to bring our online business banking capabilities to our business clients with RBC Mobile Express. This way, they can manage their finances anywhere, anytime."

RBC Express Mobile is the first mobile business banking app in Canada to be available on three major device platforms - Apple, Android and BlackBerry -and the only app to allow businesses to transfer funds between their accounts from their mobile device. It enables users to access key functionalities from RBC Express Online Banking, a web-based transaction and information service designed specifically to meet the banking needs of businesses, in the palm of their hand.

RBC Express Mobile allows RBC business clients to:

• View balances and/or transactions for their business deposit accounts
• Transfer funds between accounts
• Approve payments and transfers made by other users
• Find an RBC Royal Bank branch or ATM

RBC Express Mobile keeps clients' data private and secure at all times with no financial data stored on the mobile device. The app shares many of the same security measures used in RBC Express Online, including user permissions and authorization limits.

"At RBC, security is always top-of-mind and the same is true for businesses, especially for those with high-dollar and high-volume banking transactions. With RBC Express Mobile, their company's banking information is protected by multi-level security features and state of the art encryption," added MacNeil. "They are in control of their transaction and their financial data and information belongs where it should - with our client."

To download RBC Express Mobile, visit the iTunes App Store, Google Play or BlackBerry World.

About RBC Express
RBC Express is a business banking solution for companies that need to securely delegate banking and financial responsibilities to multiple users; simplify business banking; and protect against fraud internally and externally. RBC Express offers a broad range of benefits to businesses to increase control over their cash with the convenience they need.

About RBC and Payment Innovation
RBC is at the forefront of payment innovation in the Canadian marketplace. We provide industry-leading personal mobile banking flexibility and convenience to clients through our RBC Mobile app and RBC Canada app - available for Android, BlackBerry, iPhone, iPod Touch, iPad and Windows 8. Further information about personal RBC mobile solutions are available at www.rbcroyalbank.com/mobile. More information about the RBC Wallet is available at www.rbc.com/securecloud.

ABOUT RBC
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 42 other countries. For more information, please visit rbc.com.

RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2013, we contributed more than $104 million to causes worldwide, including donations and community investments of more than $69 million and $35 million in sponsorships. Learn more at www.rbc.com/community-sustainability.

SOURCE: RBC

For further information:

Suzanne Willers, RBC Communications, 416-974-2727
Kate Yurincich, RBC Communications, 416-974-1031