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How to open a bank account in Canada when studying in Canada
After new immigrants arrive in Canada, they should open a bank account as soon as possible to avoid carrying a lot of cash with them, and at the same time facilitate the payment of large expenses (such as rent). Canada is a private bank besides the national bank. The main banks are: Royal Bank, Bank of Montreal, TD Bank, CIBC Bank, Bank of Scotland, etc. New immigrants can consider Bank of China Toronto Branch to provide Chinese services, but it is not convenient to deposit and withdraw money because there is only one business place. When new immigrants choose an account bank, they should consider the following aspects: a. Strong strength, preferably one of the above five banks. B, near your residence (preferably your work unit). C, issuing checks, deposit and withdrawal fees are low; D, flexible business hours, with all-weather automatic deposit and withdrawal machines; When opening an account in a bank, you should first ask the bank staff about the types and differences of accounts.
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