How do I open a bank account in Canada?

Opening a Canadian bank account is easy. And, if you open an international account before you arrive you can easily show proof of funds (minimum funds you need to settle in Canada).

When you arrive in Canada you can visit a bank branch to set up your chequing (for daily transactions) and savings (for long-term savings) accounts. Opening a bank account at a local bank will allow you to manage your finances and avoid significant transfer fees from your accounts back home. Pick a bank close to your home or work for convenience, and it’s smart to set up online banking.

WRITTEN BY

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