What it does
I'm not aware of "Rites of Banishment" as an official Magic: The Gathering keyword or ability. It doesn't match any standard keyword (like flying, deathtouch, banding) or named ability mechanic in the game.
It's possible you're thinking of a specific card name, a homebrew/custom card, or perhaps a misremembered term. There are cards with "banish" or "exile" effects, and there's a creature type and various flavor-named abilities, but "Rites of Banishment" isn't among the recognized rules terms.
If you can share the exact card or where you encountered this, I can give you an accurate breakdown of how it works, the common rules pitfalls, and its relevance in Commander. I'd rather not invent mechanics that could mislead your gameplay.
