To repay the loan log in to RBC Online Banking for Business or RBC Express. You can also make payments to your CEBA loan through RBC Express, an RBC ATM, telephone banking or branch. You can transfer funds to your CEBA loan account to make payments.

Once the balance of your CEBA loan equals your eligible loan forgiveness amount, we will automatically apply your loan forgiveness payment and close your loan.

Follow these instructions for Online Banking:

1. Log in to RBC Online Banking for Business or RBC Express
2. Your CEBA loan is listed as a Visa CreditLine account under Credit Cards on your ‘My Accounts’ page
3. To access the funds, click on the Visa account number
4. The credit limit of the CEBA account will be $60,000 for new and CEBA Expansion enrolments. If you applied before December 4, 2020 and did not enrol into the CEBA Expansion, the limit will appear as $40,000
5. As transfers from your CEBA funds into your RBC Business Deposit Account are made, the balance will adjust. Please note that there are no cash advance fees to transfer your CEBA funds.

For more information, please contact your relationship manager or call RBC at 1-844-220-2515.