To help you make an informed choice when opening a bank account, refer to the website of the Financial Consumer Agency of Canada. Among other things, you will find information about:

  • your rights and responsibilities;
  • the pieces of identification required to open an account;
  • the financial institution’s obligations;
  • the types of fees that may apply to your account.

The rules about opening an account with a credit union are different. You can refer to the Desjardins website on this subject.

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Last update : May 3, 2021

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The information contained on this page is presented in simple terms to make it easier to understand. It does not replace the texts of the laws and regulations.