Opening account from abroad

[rajanvnv]

following this thread. Will be contacting TD Canada trust and RBC in the coming weeks. Will let you guys know the progress

One_topsy,

Did you get any info on whether you can open an account or not? I contacted RBC multiple times and they are not allowing to open an account from outside of Canada.

 

[One_Topsy]

One_topsy,

Did you get any info on whether you can open an account or not? I contacted RBC multiple times and they are not allowing to open an account from outside of Canada.

Not yet. From their website i found they might want proof of status, so i'm waiting to recieve COPR.
Once i get it I will contact them.

 

[Asivad Anac]

Not yet. From their website i found they might want proof of status, so i'm waiting to recieve COPR.
Once i get it I will contact them.

Check Scotiabank too ---> http://www.scotiabank.com/ca/en/0,,2468,00.html

 

[Vivimanisha]

any idea which bank account is famous in Vancouver?

 

[murtazajaffri_cca]

following this thread. Will be contacting TD Canada trust and RBC in the coming weeks. Will let you guys know the progress

update?

 

[One_Topsy]

update?

I know mate, still haven't contacted them. Having to juggle alot of activities.
Will report when I do. but from research its looking possible

 

[murtazajaffri_cca]

I know mate, still haven't contacted them. Having to juggle alot of activities.
Will report when I do. but from research its looking possible

its possible for RBC and BMO.. BMO offers 1st wire transfer free, followed by 14$ for everyaddition wire

RBC cost $15 per wire.

 

[One_Topsy]

its possible for RBC and BMO.. BMO offers 1st wire transfer free, followed by 14$ for everyaddition wire

RBC cost $15 per wire.

Thats a rip off. So no advantage for first time account holders?

 

[lelieuplusfroid]

its possible for RBC and BMO.. BMO offers 1st wire transfer free, followed by 14$ for everyaddition wire

RBC cost $15 per wire.

Currencyfair costs only 4 dollars. I don't understand this tearing hurry to open bank account before landing. It takes just 30 min... and there's no use with an inactive account anyway.

 

[One_Topsy]

Currencyfair costs only 4 dollars. I don't understand this tearing hurry to open bank account before landing. It takes just 30 min... and there's no use with an inactive account anyway.

You can use it to show PoF at border, as well as funds for house search.

 

[murtazajaffri_cca]

Thats a rip off. So no advantage for first time account holders?

Topsy, apparently no. I have their emails which I can share with you if you want

 

[One_Topsy]

I sent a mail to TD Canada. They said I have to be physically present at a branch!
*moving swiftly to other banks*

 

[One_Topsy]

ScotiaBank doesnt allow me to open an account until i get there because i'm coming from Nigeria

 

[jc94]

I found HSBC useless. I went into a UK branch and was told there was no point opening an account there for Canada unless I earned over $200k a year or had $500k in savings (or something like that - numbers converting to Canadian $$$).

So I brought cash and on the first morning after I got my SIN I walked into a bank who told me to get lost. Because I only had a paper version of my SIN (on govt. canada paper, though it did look a bit unofficial surely they had seen it before?) So I walked into a different bank instead, who checked with the manager and were fine with that and got me setup.

I can't remember which bank told me to get lost - the corner I remember looking had a TD, CIBC and Scotia Bank, but RBC gave me an account. I'd suggest looking for what branches are closer to where you work or live if you know that...

I can't see a reply on taxes, so will answer.

You will file a tax return by April 30th the year after you land, regardless of if you spent 1 day or 366 in the country on the previous calendar year. You'll have to give details of when you entered and personally, based on the fact that I worked 46/52 weeks my first year potentially get a decent tax rebate.

 

[murtazajaffri_cca]

I found HSBC useless. I went into a UK branch and was told there was no point opening an account there for Canada unless I earned over $200k a year or had $500k in savings (or something like that - numbers converting to Canadian $$$).

So I brought cash and on the first morning after I got my SIN I walked into a bank who told me to get lost. Because I only had a paper version of my SIN (on govt. canada paper, though it did look a bit unofficial surely they had seen it before?) So I walked into a different bank instead, who checked with the manager and were fine with that and got me setup.

I can't remember which bank told me to get lost - the corner I remember looking had a TD, CIBC and Scotia Bank, but RBC gave me an account. I'd suggest looking for what branches are closer to where you work or live if you know that...

I can't see a reply on taxes, so will answer.

You will file a tax return by April 30th the year after you land, regardless of if you spent 1 day or 366 in the country on the previous calendar year. You'll have to give details of when you entered and personally, based on the fact that I worked 46/52 weeks my first year potentially get a decent tax rebate.

Thank you so much for your kind response specially on the tax matter