A US citizen can apply for a resident bank account in Canada if he/she can show a legal work permit. However, if you are a non-Canadian resident, then you can apply for a non-resident bank account instead.Most banks require non-residents to submit a photocopy of their passport, driver’s license and photo when opening an account. If you’re planning to open a bank account in Canada, here are some tips you can consider:

1. Know the bank’s rules in transferring and receiving funds. If you need to use your account for sending/receiving money to/from another country, see to it that the fees are reasonable.

2. Choose a bank that enables electronic money transfers. This gives you the flexibility and convenience to deposit funds in your account without visiting the bank facility.

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Pointers to Consider When Applying for a Non-Resident Bank Account in Canada

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