Opening a personal bank account

Upon arrival in Canada, you should open a chequing account to allow for direct deposit of your pay from the university. Banks require identification, including your social insurance number, in order to open an account. 

• Canadian Bankers Association: This organization offers extensive information on the Canadian banking industry and financial issues. 

• Financial Consumer Agency of Canada: This organization provides consumer information and oversees financial institutions to ensure that they comply with federal consumer protection measures.