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ad singh

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May 23, 2011
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hi,

is it beneficial to open a bank account from our native country . IS IT ADVISABLE to have a canadian bank account which we can open now from our native country.. ?
 
You do not have to open a bank account before arriving.
Opening an account while in Canada does not take long.

If you use the search function here, you will find that there are lots of different opinions.
 
my consultants said it would be good if i open bank account from here , they say its free of cost to open bank account and that too with zero account balance. I was wondering that will it be of any benefit since i heard that money can be wired to bank from here instead of having the fuss to carry it along apart form the ease of opening it from here rather than going to bank in canada and filling those forms and spending time ..

the consultants have tie up with bank of nova scotia.
 
my consultant also asked me for opening an account in the same bank
i am also looking for a good advice
 
You cant open a local bank account here unless you go to the branch and show your identity proof say you passport (for international students).

Opening an account takes 5 min at any bank and for example Scotia bank has a student banking which has fee os $2.5 a month for unlimited debit transactions (when you use your debit card to make purchases) and there is no minimum balance I opened for 0$.

Let me know if you have any questions
 
ad singh said:
hi,

is it beneficial to open a bank account from our native country . IS IT ADVISABLE to have a canadian bank account which we can open now from our native country.. ?

first pop in ur college and find a nearest accommodation and then locate a nearest branch............
 
Oh and most colleges and universities have tieup with banks to offer accounts for a deal for international students
 
ad singh said:
hi,

is it beneficial to open a bank account from our native country . IS IT ADVISABLE to have a canadian bank account which we can open now from our native country.. ?

Hi,

www.canadavisa.com/canada-immigration-discussion-board/bank-account-in-canada-before-landing-t90049.0.html;msg1149619