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In Canada, The Royal Bank of Scotland (RBS) offers a wide product suite for its Commercial Customers including cash management, trade services, working capital facilities, derivatives, structured finance, foreign exchange, fixed income, corporate finance and equity capital markets transactions.

Asset Management is among the fastest growing asset managers, with just two years of operations in the country. RBS have ever-increasing distribution and aim to emerge as a leading player in the Indian asset management industry. Leveraging the Group's comprehensive research and diverse range of investment products, RBS offer its clients investment options in fixed income, equities, money markets and structured products. The Royal Bank of Scotland Canada branch committed to develop and deliver the most innovative products, manage customer experience, deliver quality service that contribute to brand strength, develop a competitive advantage and enhance profitability, thus providing value to the clients in Canada as well as Northern America.

Unlike the Schedule I and Schedule II banks, as a Schedule III bank, RBS Canada branch are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.