Deposits are divided into time deposits and current deposits. In addition, there are also various financial management projects. The basic banking products that everyone usually has include:

1-Checking account (no interest, used to meet daily consumption, can be used at any time)

2-Saving account (Low interest, the remaining money beyond daily consumption can be used at any time)

3-Investment (the interest is slightly higher, you can choose regular, current, or funds, stocks, etc.)

< p>4-Credit card

5-Line of Credit

6-Other loans, such as car loans, home loans, education loans, etc.

There are many different options in the "3-Investment" section. Customers can choose time deposits or demand deposits. Of course, they will get higher interest returns on a regular basis. If guests want to obtain higher returns, they can choose other investment products such as funds or stocks with different levels of risk.

In addition, the Canadian government's tax-free accounts, registered retirement plans, registered education funds, etc. are also used in conjunction with the "3-Investment" section, and customers can obtain specific government subsidies or benefits. But these products can be relatively complex and require further explanation.