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Financial Consumer Agency of Canada

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Frequently Asked Questions

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FILE UPDATED TIME 01/02/2010 10:45:30 AM
TOTAL READ COUNT 889

Question:

Can I open a bank account in Canada even though I am not a citizen and I reside in another country?

Answer:

Maybe. Under Canadian law, an individual has the right to open a personal bank account, as long as certain conditions are met. You may be required to go to the bank in person and present certain identification that is required by law.

Since you are not a Canadian, you may not have the required identification. However, the bank may still be willing to open an account for you. You should therefore contact the bank directly to find out what identification it may be willing to accept from you and the process the bank follows.

Resource(s):

Classification of this FAQ:

Category Sub-category
Accounts Opening

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Date Modified:
2013-01-03