BANKING FOR NEW COMERS TO CANADA

BMO (Bank of Montreal) New to Canada - https://www.bmo.com/newstart/en/newstart-

banking-plan.html
CIBC New to Canada - https://www.cibc.com/ca/advice-centre/new-to-canada.html
HSBC New to Canada- http://www.hsbc.ca/1/2/personal/new-to-canada
ICICI Hello Canada- http://www.icicibank.ca/personal/crossborderbanking/hellocanada.page
National Bank of Canada Newcomers to Canada -
https://www.nbc.ca/en/personal/programs/newcomers.html
RBC (Royal Bank) Newcomers to Canada- http://www.rbc.com/newcomers/
Scotia Bank Startright Program for New Canadians -
http://www.scotiabank.com/ca/en/0,,4285,00.html
TD Canada Trust New to Canada - http://www.tdcanadatrust.com/planning/life-events/new-
to-canada/index.jsp

Documents required:
When you open a bank account in Canada, you will need to provide appropriate identification. There
are several options.
1. Show two pieces of identification document (ID) from List A.
2. Show one piece of ID from List A and one piece of ID from List B.
3. Show one piece of ID from List A and have someone that the bank knows confirm that you are
who you say you are.
List A
A Canadian driver’s licence
A Social Insurance Number (SIN) card
An Old Age Security (OAS) card with your SIN
A provincial or territorial health insurance card (except in Ontario, Prince Edward Island and
Manitoba)
A permanent resident card or a Citizenship and Immigration Canada (CIC) form IMM 1000,
IMM 1442 or IMM 5292
List B
An employee ID card with a photograph, from a known employer
A debit card or bank card with your name and signature on it
A Canadian credit card with your name and signature on it
A Canadian National Institute for the Blind (CNIB) client card with your photograph and
signature on it
A valid foreign passport

(Source for entire document: http://www.cic.gc.ca/english/pdf/pub/welcome.pdf)

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