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Old Aug 6th 2009 | 12:59 pm
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Default Banking

Hey eveyone,

Just wandering who you all bank with in Canada. Any recommendations v.welcome.

Cheers

Supergirly
 
Old Aug 6th 2009 | 1:03 pm
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Default Re: Banking

HSBC
 
Old Aug 6th 2009 | 1:03 pm
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Default Re: Banking

RBC, no probs so far, been really helpful to us as newly landed PR's
 
Old Aug 6th 2009 | 1:41 pm
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Default Re: Banking

HSBC, but only one branch in HalifaxSo probably change to RBC.
 
Old Aug 6th 2009 | 1:49 pm
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Default Re: Banking

CIBC
 
Old Aug 6th 2009 | 2:04 pm
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Default Re: Banking

President's Choice...It's free.
 
Old Aug 6th 2009 | 2:05 pm
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Default Re: Banking

You will get a multitude of opinions, both good and bad, about Canadian banks. The bottom line is they are all basically the same with products and charges. The difference is the one that cranks your engine with service. When you walk in are you greeted politely with friendliness and courteousness? Is the banker knowledeable? Are all your questions answered to your satisfaction? Do they show interest in having you as a customer? If not, move on and find one that does.
Royal Bank
CIBC
Scotiabank
Toronto Dominion
Bank of Montreal (BMO)
HSBC
Credit Unions (mainly western Canada)
ING Bank (Internet banking)
and Others.
 
Old Aug 6th 2009 | 2:46 pm
  #8  
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Default Re: Banking

HSBC - no complaints from me, super friendly and efficient service
 
Old Aug 6th 2009 | 3:03 pm
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Default Re: Banking

I just paid $25 for ordering cheques the other day. The banks in Canada, to my mind, are subsidized by the customers!
 
Old Aug 6th 2009 | 3:18 pm
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Default Re: Banking

Originally Posted by supergirly
Hey eveyone,

Just wandering who you all bank with in Canada. Any recommendations v.welcome.

Cheers

Supergirly
I find the banks more or less the same, it all depends on the manager as to how tight the ship is run. But, for international transfers, HSBC is probably the best as they are a truly international bank:

http://www.hsbc.co.uk/1/2/personal/t...F0Gn:12c58sh8k
 
Old Aug 6th 2009 | 3:32 pm
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Default Re: Banking

Originally Posted by ExcitedBrit
I just paid $25 for ordering cheques the other day. The banks in Canada, to my mind, are subsidized by the customers!
Unless I have missed something the banks are a business not a NPO. As a shareholder in banks I am very pleased they do this.
 
Old Aug 6th 2009 | 3:36 pm
  #12  
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Default Re: Banking

My experience:

Personal banking - HSBC, Scotiabank and Coast Capital Credit Union. Happy to recommend all three.

Business banking - HSBC, Scotiabank and Coast Capital and Van City Credit Union. Excellent service from them. CIBC - I would not touch them with my worst enemy's barge pole.
 
Old Aug 6th 2009 | 3:40 pm
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Default Re: Banking

We use the following:
Royal Bank of Canada -Been with them 17 years and they are OK. We pay $35 a month which covers pretty much everything, including cheques, a preferred FX rate, two premium credit cards and a safety box.

Van City Credit Union - They are local and keep the profits in the community. This is our business account. Cheaper than RBC for business.

ING - Holding account with a slightly more paltry interest rate. Internet banking only. Personal and business.

Have tried and stopped using:

Presidents Choice - Did not work for us, only worked through ATM and Internet.

HSBC - Awful, the whole family have moved away from them.

TD - RBC were better and gave us a better package.

CIBC - Not a great experience.
 
Old Aug 6th 2009 | 3:42 pm
  #14  
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Default Re: Banking

agree. but i feel like some of the banks woudl even charge you for breathing in their banking halls!

Originally Posted by The Aviator
Unless I have missed something the banks are a business not a NPO. As a shareholder in banks I am very pleased they do this.
 
Old Aug 6th 2009 | 4:41 pm
  #15  
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Default Re: Banking

Originally Posted by The Aviator
Unless I have missed something the banks are a business not a NPO. As a shareholder in banks I am very pleased they do this.
Me too !!!
 


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