Friday, March 24, 2006

How to open a bank account from outside of Canada

During the last days I have been gathering information on how to open a bank account when you're not yet in Canada. After checking the conditions of several banks the National Bank of Canada and RBC Royal Bank made it to my shortlist so I contacted them via their e-mail forms on their websites:
NBC Contact & RBC Royal Bank - Contact Us
RBC Royal Bank promptly sent me an answer and asked me to send them my destination, arrival date, name, address and telephone number so that they could forward this to one of their branches who would contact me with the documentation to fill out. Five days later I received a mail with instructions, an account application and a signature card attached in PDF format. I had a few questions about the things to fill out on the application and they promptly replied with their answers.
So today I went to the Canadian Consulate here in Barcelona to get certified photocopies of my passport, drivers license and I got a stamp and signature to validate my signature on the RBC signature card. For this I had to pay a small service fee of 14 Euros... nothing for free but at least the assistant to the Consul that I dealt with was very nice and even asked me some questions about the visa procedure for Canada.
Now I still have to get a recommendation letter from my bank here and then I will send everything to the Royal Bank and they will open a deposit account for me upon five days. To withdraw money from that account I will have to be in Canada and I will be able to change to the type of account that best fits me once I am over there.

1 comment:

Anonymous said...

we just wanted to say welcome! www.rbc.com/canada