The best Canadian bank for new comers??
- Thread starter Adin.blr
- Start date
I thought MC. Costco, Hudson Bay, Sears, PC Financial and other stores/partners offers only Master credit cards.
RBC, CIBC, Scotia, TD, Amazon are with Visa
Capital One, PC, HSBC, Tangerine, WalmartFinancial, Rogers, Canadian Tire are with MC
I am not sure if Sears is with visa or mc, I think MC
Did I miss something? ;D
Capital One, PC, HSBC, Tangerine, WalmartFinancial, Rogers, Canadian Tire are with MC
I am not sure if Sears is with visa or mc, I think MC
Did I miss something? ;D
Tangerine also exists in Canada.Ponga said:
I would highly recommend staying away from TD. Their customer service has gone downhill over the last couple of years. I closed my TD accounts since they seemed way more interested in pushing their crap on me, instead of maintaining the existing accounts I had with them. They did start randomly charging my accounts with no prior notification, even though I akept receiving pointless high pressure cold calls and mailed letters, every other month to sell services I had no interest in. Probably, explains why more than half their profit is obtained in Canada in spite of them having far more operations in the US.
CIBC, on the other hand, was way better with customer service in my experience. I know RBC is quite good too.
I understand that, probably I was not clear in my sentence. Below are two separate questions to make it more clear.steaky said:
1) Can I open Canadian bank account while my PR application is in process OR I have received PR but yet to land?
2) If answer to above is "Yes", then at the time of landing candidates are required to provide POF before entry, can I use this newly created account to hold all those funds and show at the time of landing.
1) Yes, you can. See the thread below:kamy said:
http://www.canadavisa.com/canada-immigration-discussion-board/open-bank-account-before-pr-t448421.0.html;msg5417116#msg5417116
2) Yes, you can show bank statement of this newly created account.
I was looking at the bank website for documents required for opening bank account in Canada, can you help me what these documents are
IMM 1000, IMM 5292-- As I understand from various posts these are the documents handed over at the time of landing IMM 5292 is used these days while IMM 1000 used to be there before year 2002
IMM 1442, IMM 5688-- I couldn't understand what these forms are, kindly suggest how and when they will be received
IMM 1000, IMM 5292-- As I understand from various posts these are the documents handed over at the time of landing IMM 5292 is used these days while IMM 1000 used to be there before year 2002
IMM 1442, IMM 5688-- I couldn't understand what these forms are, kindly suggest how and when they will be received
Which bank website requires you to have these documents?kamy said:
IMM 5292 is the Confirmation of Permanent Resident document you will receive from the visa office so that you complete landing. You can google the rest to know what they are.
Scotiabanksteaky said:
In the meantime I researched on all these documents
IMM 1000-- Landing document before 2002
IMM 5292-- Landing document after 2002 if the application is being processed in CAIPS and FOSS
IMM 5686-- New Landing document if the application is being processed in GCMS
I had a live chat with Scotiabank few days back. My country of residence is not on their list of countries from which you can open a b/a remotely, so I asked what is my option, they told sorry we cannot help you until you are here in Canada, so I decided to take a fresh account balance statement from my current bank 1-2 days before departure and show this as a POF at the port of entry, telling them that I am going to open an account right there after arrival and transfer my funds at that stage. I guess this is ok right?