eversmannx

Is there some difference between CIBC/TD versus other major banks (RBC, BMO and Scotia).
I was talking to Questrade customer services sometime back and these 2 sounded better... either to make my transfers quicker or for authenticating... or something of that sort.. I can't remember for the life of me.
I arrived in Canada a few months back, and just started out with BMO thinking there's not much to choose between these 5 banks. If anything they are the oldest bank.
I am re-considering, but can't find any notes in the BE Wiki pages or elsewhere to confirm this...
Or is it something to do with Visa debit these banks may offer... any advice would be much appreciated.

Siouxie

CIBC. TD and the others are all 'big banks' with little difference between them..

https://britishexpats.com/wiki/Banking-Canada
https://itools-ioutils.fcac-acfc.gc....ilter-eng.aspx
https://www.nbc.ca/personal/accounts/newcomers.html

eversmannx

Cheers. I guess whatever "that difference" I was told about has minimal impact --- i do know BMO has some slight differences with interface i.e. I think it was during the Amex application, they said they are not able to automatically verify (unlike with other big banks) and i'd have to provide some documents for proof. same happened with a bill payment setup or interac e-transfer setup... can't recall, but there was an extra step to take as a BMO customer... but overall this didn't cause any issues or delays.

Any reason why PC Financial doesn't get mentioned along with the traditional players?