Best Bank in Toronto
#1
Forum Regular
Thread Starter
Joined: Apr 2008
Location: T.O
Posts: 141
Best Bank in Toronto
Guys,
Following on from the HSBC thread which has its fans and haters! Intrested to know peoples views on what they consider to be the best bank for people arriving in country and why?
Cheers,
P
Following on from the HSBC thread which has its fans and haters! Intrested to know peoples views on what they consider to be the best bank for people arriving in country and why?
Cheers,
P
#2
Re: Best Bank in Toronto
For free banking it has to be PC Financial but newcomers might have problems with them as they run a credit check (yes, even for savings accounts or checking accounts with no credit facility!), and they don't accept cheques for initial deposit without pre-printed address on them.
But as with all banking threads, someone'll be along in a minute to say they had no problems with the above issues
See the Wiki on banking for more info.
But as with all banking threads, someone'll be along in a minute to say they had no problems with the above issues
See the Wiki on banking for more info.
#3
Account Closed
Joined: Jan 2007
Posts: 2,404
Re: Best Bank in Toronto
On the subject of Canadian banks, do they do a UK credit check?
#4
Joined: Jul 2007
Posts: 2,139
Re: Best Bank in Toronto
For free banking it has to be PC Financial but newcomers might have problems with them as they run a credit check (yes, even for savings accounts or checking accounts with no credit facility!), and they don't accept cheques for initial deposit without pre-printed address on them.
But as with all banking threads, someone'll be along in a minute to say they had no problems with the above issues
See the Wiki on banking for more info.
But as with all banking threads, someone'll be along in a minute to say they had no problems with the above issues
See the Wiki on banking for more info.
I thought it might be helpful to get an Equifax report done before leaving for Canada, and providing it for the bank to look at?
How else would they check up on you?
#5
Account Closed
Joined: May 2008
Posts: 79
Re: Best Bank in Toronto
Well we arrived in Canada on 1st June, opened an account at RBC and 2 days later were given $5000 credit card and no probs at all, we didn't have a credit history in Canada. Its our local branch and they call us by our names etc... Very helpful.
Hope this helps
Hope this helps
#6
Re: Best Bank in Toronto
Unfortunately all Canadian Banks are crap compared to UK banks (one of the few bad things about the country) but you have to live with it. Been with TD now for 4 years and they are as good as your gonna get out here plus have long opening hours compared to a lot of other banks.