bank opens an account
Nanny level process
Introduction of bank card account
Debit card (debit card)
Debit cards are divided into two accounts:
1. savings account (savings account):
Mainly used for saving money
Similar to a fixed account
2. Checking account:
Mainly used for daily expenses.
Similar to a current account
Money in savings accounts and checking accounts can be exchanged.
Free transfer, deposit and withdrawal, checking account payment?
There is a handling fee.
credit card
/kloc-You can only apply for a credit card if you are over 0/8 years old. You can do it.
Credit card, your credit in Canada
Record of score (credit score) begins.
The highest credit score is 850, the lowest is 300, and the average is 720.
All of the above are good. Good credit score
For renting a house and buying a house in the future, loans and some jobs are not.
Often very important.
The credit card limit for international students is $ 1000.
Will change according to the credit score. There is a fixed one every month.
Repayment date, which can be repaid automatically and needs to be used.
The checking account to return.
Prepare documents &; make an appointment
Foreign students should prepare the following documents before opening an account.
passport
Learn sign language
letter of admission
After choosing a bank, you need to make an appointment for processing time first. Yes
Go directly to the bank and ask the customer service manager to make an appointment to open an account and
Service.
Some big cities with many international students will have Chinese service.
Such as Toronto and Vancouver, but in small cities,
If you are a bank, you need to use English.
Please refer to the last pages for the introduction of P.S. Bank.
Complete processing steps
1. There will be a dedicated customer service manager during the account opening process. you
Tell him/her that you are a student and the card you want to apply for.
2. Give the document to the customer service manager for copying.
3. Customer service will explain the card and account, including various fees.
With the handling fee, I will answer your question.
Fill in the information, including your name, address and address.
Date of birth and telephone number, etc.
5. Set the password for online banking
Read the contract and sign it
Introduction of five major banks
1. Royal Bank of Canada
The service is good, and every consumption is reminded and verified.
$0 monthly fee
Other banks do not charge fees for ATM withdrawals.
Free international electronic transfer transaction
The annual credit card fee is as high as $39.
2. Toronto Dominion Bank
Toronto branch has long business hours.
Checking account $0 monthly fee
Unlimited number of transactions
3. Bank of Montreal
Checking account $0 monthly fee
Unlimited number of transactions
Free Inerac electronic transfer transaction
Introduction of five major banks
1. CIBC Branch of Imperial Commercial Bank of Canada
Many branches
$0 monthly fee
Free electronic transfer transaction
1 Free inter-bank ATM withdrawal every month.
2. scotiabank
Ok)
$0 monthly fee
Unlimited debit and internal electronic transactions
Open an account &; Suggestions for use
1. Are the five largest banks in Canada poor as a whole?
Yes, you can choose one close to school or home.
This is also more convenient, recommended.
There are BMO and RBC.
In Canada, some Chinese restaurants can spend money.
In cash, there is a discount.
3. It takes about 15-20min to open an account in a bank.
It will take about a week after completion.
I received a bank card in the mailbox.
5. After receiving the card, you need to activate it by phone, and then
Can be used normally