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sanjeevindia

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Jul 1, 2009
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Hello to all my fellow friends who have already landed in canada. Please tell us about your experience with regard to banking services in Canada. Which bank do you prefer the most and why?

It is important for everyone as we can't take the amount we are carrying with us everywhere we go.

Please share with us so that we can make our decisions wisely.

Thanks to all.
 
Take a look at this older discussion. it will give some useful tips.

http://www.canadavisa.com/canada-immigration-discussion-board/opening-a-canadian-bank-account-t27465.0.html
 
thnaks a lot for that. any updtaed info from newcomers is also welcome.
 
I feel the customer service is better in Canadian Banks. Interest rate for deposits are very low, but the bank charges are high comparing to some other countries. I cannot say which bank is better because different bank has different policies. I have accounts with CD Trust, President's Choice and Scotia Bank. Most of my banking transactions are done through President's Choice.