Select a Bank: Look into various Canadian banks to see which ones best meet your requirements with regard to costs, services, and accessibility.
Visit a Branch: Don't forget to bring the required documents and go to the bank branch of your choosing.
Provide Identification: You must present a legitimate form of identification, such as your permanent resident card or passport.
Evidence of Address: Banks usually require documentation to confirm your Canadian address, which may include utility bills or a government ID.
Social Insurance Number: You may be required to provide your social insurance number for tax purposes.
Initial Deposit: When you're looking to open an account, some banks might ask for an initial deposit.
Select an Account Type: Decide on the kind of account, such as a checking or savings account, that best meets your needs.
Complete Application Forms: Complete the required application forms that the bank has sent you. Make sure you have read the account's terms and conditions.
Gathering Account Data: You will receive your account details, including your account number and any debit cards after your application has been reviewed and accepted.
Banking Fees: Make sure to understand and carefully review the various fees associated with the account you choose.
ATM Access: Verify that you can easily obtain cash without paying additional costs by checking the bank's ATM network.