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What do you need to open a bank account?
Rounding it up
From the big 5 banks to digital-first fintechs — when it comes to bank accounts, you have endless possibilities.
Keeping money in a bank offers many advantages, including security and easier money management.
Much of what is required to open a bank account revolves around identity verification. For example, you’ll most likely need to provide a Social Insurance Number (SIN).
While not always the case, proof of legal residency may also be required.
Yekaterina Galanova
Yekaterina Galanova enjoys writing about personal finance, as well as aesthetic topics, though she is open to discovering new niches. She enjoys reading, traveling and beautiful landscapes.
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