Venn vs.

RBC

RBC might offer traditional banking services, but it lacks the transparency and flexibility that growing businesses need. Venn provides seamless multi-currency accounts, competitive FX rates, and no hidden fees. Get started for free and experience banking built for modern Canadian businesses.

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No personal credit check or guarantee.

4.8

trusted by 4,000+ Canadian businesses

A peak of the Venn platform and a Venn/Vault card

Featured by leading publications

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Compare Venn vs.

RBC

Venn
RBC

Physical corporate cards

Vault

RBC

Virtual corporate cards

Vault

RBC

Free accounts with no minimums

Vault

RBC

CAD, USD, GBP & EUR accounts

Vault

RBC

Spend controls

Vault

RBC

Automatic receipt collection

Vault

RBC

Expense management software

Vault

RBC

Simplified Accounting Software Integration

Vault

RBC

Required branch visits

Vault

RBC

Local transfers (ACH, SEPA, UK FPS)

Vault

RBC

Real Stories, Real Success

"We live in Europe and had no way of visiting the branch for simple things like wire transfers or easy way of creating corporate cards for our Canadian employees - but that's all changed with Venn. Venn has revamped our expense management, enabling us to focus on delivering exceptional experiences to our clients as we expand to Canada."

Read the Case Study

— Jasper Beirens

Head of Finance, Alan

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"Before Venn, we were throwing away money on e-transfer fees. It felt like we were being penalized for paying vendors with their preferred methods. But now, we are savings hundreds a month. Venn's multi-currency cards are a game-changer, no more FX fees when paying for US-based software or travelling. It simplifies everything and saves us a ton of money."

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— Kevin Jing

Co-Founder & CFO, HotTakes

“Venn's solution clearly differentiates from that of major banks and credit card companies in its speed, cost, and operational simplicity.

In our experience, even in comparison to other similar fintech companies, Venn's product and customer service is substantially ahead of the competition.”

— Tonny Lam

CEO, Hook + Ladder Digital

“We love Venn! It took maybe 5 minutes to set the account; I was very impressed! We use a virtual credit card for every vendor we use; being a Cyber Security provider, we feel it’s the same principle as using separate passwords for every site.

Support is also great when we have had questions. I recommend Venn to everyone - including our clients!”

— Andy Larin

CEO, allCare IT

“Sending domestic and international wire transfers with no fees has saved my business hundreds of dollars per month.

My old bank charged $20 for each wire that I sent and I could only send $10,000 at a time. With Venn, I pay no wire transfer fees and I don’t have to send multiple wires to pay one invoice.”

— Nathan Nasseri

Founder & CEO, ResVR

OUR PLATFORM

Top 3 reasons leaders pick Venn

Venn offers you a complete suite of finance products designed to save you both time and money

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Multi-Currency Accounts

Set up accounts in CAD, USD, GBP and EUR. Become a local without managing multiple entities.

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Best FX Rates

Get the best FX rates in Canada. Zero hidden fees. Transparent rates. Save your business time and money.

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Accounting Integrations

Seamlessly integrate Venn with your accounting systems and consolidate your finance stack.

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Frequently asked questions

Everything you need to know about the product and billing.

What is Venn?
Is Venn free?
What are the requirements for a business to sign up?
Does Venn integrate with accounting software?

Join 4,000+ businesses banking with Venn today

Streamline your business banking and save on your spend and transfers today

No personal credit check or guarantee.

Venn platform UI on desktop and mobile