Banking questions for newcomers to Canada
Prepare before choosing an everyday bank account.
- 01
Prepare identification
- 02
Compare the costs
- 03
Ask for the terms
Prepare identification
Check the bank's identification requirements before visiting. Ask what alternatives are available if you do not have a particular document.
Compare the costs
Compare fees and included transactions against how you expect to use the account. Ask when any introductory offer ends.
Ask for the terms
Keep a copy of the account agreement. Ask how to get help, close the account or resolve a problem.
Your take-away checklist
- Check required identification.
- Compare regular and promotional fees.
- Ask about service in your preferred language.
Print this page or copy the checklist to your own notes; no personal information is required.
Further reading & source
Financial Consumer Agency of Canada — Opening a bank accountThis is an educational summary. The Vietnamese text is not an official Government of Canada translation.
General education, not individual financial, tax, legal or insurance advice. Examples are illustrative.