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Old Nov 20th 2006 | 2:02 pm
  #16  
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From: Port Alberni, BC
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Default Transferring Money to the UK

We opened a CIBC account when we arrived in Canada in 2005.

It's probably just our branch. They began disinterested, and deteriorated to incompetent.

The low-point was when one of regular payments to the UK went astray. We gave them paperwork to copy from the last transfer, and they still managed to screw it up.

We managed to get to HSBC in Campbell River and they did a transfer to our UK HSBC account for $35. Much better and quicker than CIBC (and they charge us $70!).

So, I can recommend HSBC Canada - even though we are not actually one of their customers. Also, we got our mortgage from our local credit union. They've been brilliant and I may end up using them for our everyday banking.

Hope this helps,

Sarah
 
Old Nov 20th 2006 | 8:07 pm
  #17  
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Default Re: banks

Originally Posted by Southcote
Printer

It depends what type of account- you can open a deposit account by e-mail (this will enable you to make deposits but you can't withdraw any money until they've seen the original ID documents). They won't open a current account unless you are over there
Yes they will. I opened a current account with T D Canada from the UK via email with no problems at all and made deposits to it. They will not allow you to withdraw funds by any method until you present yourself in person in branch( which I did yesterday) and I now have cards and internet access and can make withdrawals.
 

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