The new financial management application is set to automatically categorize transactions, track expenses and provide budgeting capabilities for personal banking and credit card accounts. Customers can create a pre-determined budget and track their spending habits. If the users exceed the established limit, an alert will be triggered for notification.
In addition, users have the possibility to establish an account balance target for one or more accounts. An alert will be activated if the balance of accounts drops below the set parameters.
Royal Bank of Canda provides banking and transaction processing services in Canada, the US and other 53 countries.
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