I found this useful info
Many International Banks also have this facility, like HSBC, RBS, StanChart etc. But, those banks are better 'avoided'. Why? 'Coz, due to their enormous charges, low interest rates & poor presence in Canada.
I suggest, go for 'Scotiabank'...
Why?
1. Huge presence in Canada. With ATMs in nearly all over the country [even in small towns].
2. Zero charges for 1 yr. [Free 1yr a/c].
3. Free Cheque book for a yr.
4. Free remittances for a yr.
5. Free 'Locker' for a yr.
6. Free Credit Card [deposit inked, Limited] for a yr.
7. Has a 'tailored-made' a/c for us -New Immigrants. [the 'Start Right' program].
8. All info @ www.startright.scotiabank.com.
9. Only 2 other banks have such presence, TD Bank & CIBC. [both do not have a scene here, in Dubai].
Why to open a/c here?
-For ease of carrying the 'landing funds'.
-We don't need to carry cash, draft, TCs, statements etc.
-And the money is immediate at hand in Canada.