Bank Account


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rajarules   
Member since: Apr 06
Posts: 12
Location: Toronto

Post ID: #PID Posted on: 16-07-06 23:12:40

hello
i need some advice on opening a bank acc in canada. i will be landing there in last week of aug. i will be an university student in toronto so there wont be much money in the acc except for monthly expenses. i also need good ATM/ABM's facility and credit/debit cards. interest rate on the acc is also required as i will be saving a considerable amount.

ur advice is appreciated.

Thanks



sudesingh   
Member since: Jul 04
Posts: 2085
Location: Toronto

Post ID: #PID Posted on: 16-07-06 23:36:17

Quote:
Originally posted by rajarules

hello
i need some advice on opening a bank acc in canada. i will be landing there in last week of aug. i will be an university student in toronto so there wont be much money in the acc except for monthly expenses. i also need good ATM/ABM's facility and credit/debit cards. interest rate on the acc is also required as i will be saving a considerable amount.

ur advice is appreciated.

Thanks



Ipen a checking a/c with President's Choice Financial - no service charges & free cheque books. They also have a saving a/c with high int. rate (4% as of July 15, with a min. bal. of $1000). Once you open an a/c, you'll get a debit card right away. All PC a/c's can be operated from CIBC ABM's without service charges.

Link to PC Financial - http://www.pcfinancial.ca" rel="nofollow">LINK
Link to CIBC - http://www.cibc.com" rel="nofollow">LINK





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rajarules   
Member since: Apr 06
Posts: 12
Location: Toronto

Post ID: #PID Posted on: 17-07-06 02:42:43

Quote:
Originally posted by sudesingh

Quote:
Originally posted by rajarules

hello
i need some advice on opening a bank acc in canada. i will be landing there in last week of aug. i will be an university student in toronto so there wont be much money in the acc except for monthly expenses. i also need good ATM/ABM's facility and credit/debit cards. interest rate on the acc is also required as i will be saving a considerable amount.

ur advice is appreciated.

Thanks



Ipen a checking a/c with President's Choice Financial - no service charges & free cheque books. They also have a saving a/c with high int. rate (4% as of July 15, with a min. bal. of $1000). Once you open an a/c, you'll get a debit card right away. All PC a/c's can be operated from CIBC ABM's without service charges.

Link to PC Financial - http://www.pcfinancial.ca" rel="nofollow">LINK
Link to CIBC - http://www.cibc.com" rel="nofollow">LINK








thank you sir. it really helped. if you wud like to give some other advice i wud appreciate it. thanks again.

Thyagarajan



Trinity   
Member since: May 06
Posts: 286
Location: Mississauga/ Toronto, Can

Post ID: #PID Posted on: 20-07-06 13:56:57

You may want to check ING out too - http://www.ingdirect.ca/en/index.html

Trinity



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 20-07-06 18:58:22

You require a regular chequing account with another bank to operate ING Investment Savings Account.


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sudesingh   
Member since: Jul 04
Posts: 2085
Location: Toronto

Post ID: #PID Posted on: 20-07-06 23:01:20

Quote:
Originally posted by rajarules

......

thank you sir. it really helped. if you wud like to give some other advice i wud appreciate it. thanks again.

Thyagarajan



Sure, one other advice. I have a bank account with CIBC, if you don't mind could you deposit some money in my account :clap:


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SS
Reiki Grand Master


Azazf   
Member since: Oct 04
Posts: 508
Location:

Post ID: #PID Posted on: 21-07-06 14:56:07

If you are an international student .........bear in mind you might need proof of funds and stuff like that when you will be extending your visa or converting to a work permit.

PC as such does not give you stuff like that. I have had problems as such with them ............although this is going back a while. SO just check about those things as well.


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Contributors: rajarules(5) goldeneye(2) TO-Puttar(2) sudesingh(2) Trinity(1) rajcanada(1) Azazf(1)



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