How To Open A BANK ACCOUNT For International Students In Canada // Best Bank Account For Students

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In this video, we'll talk about how to open a bank account for international students in Canada.
You've probably been searching what the best bank is for international students, correct? Trust us, we've been there!
You could spend hours researching what the best bank is, and in the end, you'll probably end up not being sure what to choose.
There are many great banks in Canada. There's TD Bank, CIBC, RBC, but we chose to open our accounts with Scotiabank.
We chose Scotiabank because of its proven track record of supporting international students in Canada.
We failed to mention in this video that we also chose it because it's the bank that's closest to our school and our house.
This video is not sponsored in any way. We just wanted to tell you about our personal experiences.
Disclaimer: This is not financial advice. This video was made for entertainment purposes only.
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We're Bea and Daniel. On this channel, we talk about how to succeed as international students and new immigrants in Canada. We came to Canada as international students and became Permanent Residents in just under two years. We were born and raised in the Philippines, and we moved to Toronto, Canada last December 2019 for our post-secondary education. We graduated from Centennial College located in Scarborough, ON. Bea took up Culinary Management while Daniel took up Business-Marketing.
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DISCLAIMER:
This description contains affiliate links that support the channel at no cost to you. Bea and Daniel will earn from qualifying purchases.
Any information provided on our RU-vid Channel (@BeaAndDaniel) is of a general nature and is for educational/informational purposes only. It is not intended as a substitute for professional advice or a guarantee of outcome. Should you decide to act upon any information on this channel, please proceed with caution.
Information is gathered and shared from reputable sources; however, this channel is not responsible for errors or omissions in reporting or explanation. Viewers are advised to seek specific legal advice by contacting Immigration Lawyers that are active members of a Law Society in Canada or Immigration Consultants registered by ICCRC. If you want to make sure that you are up to date with the latest changes, please visit the Immigration Refugees and Citizenship Canada website at cic.gc.ca

Опубликовано:

5 окт 2024

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Комментарии : 33

@skoopqueen Год назад

Opening a bank account is a crucial first step to financial success. It's like planting the seed for your money tree. 💰💼 Over the years, I've found that having multiple accounts for different financial goals, whether it's a high-yield savings account, a brokerage account for investments, or a business account, has been key to growing my wealth.I wasn't financially free until my 30s, and I'm still in my 30s. I've bought my second house, earn on a monthly basis through passive income, and achieved 4 out of 5 goals. Investing is the wise decision I made

@skoopqueen Год назад

So generally, investing requires higher knowledge. For this reason, It's important to have a solid support structure (financial consultant) to guide you through especially in asset picking. I operate with (Regina Louise Collaro) an investment advisor who partners with a licensed wealth management firm. For the record, the experience has been the best for my finance.She is quite popular for her services so you might have heard of her. She made me financially stable investing through her help, now I earn on a monthly basis through her passive income strategy... So I’ll advise you do get a good Investment advisor for yourself.

@skoopqueen Год назад

Regina Louise Collaro is based in the United States and can work with anybody wherever they stay. If you would like more information about her, you can conduct a search online

@ugojazzy7812 Год назад

personally, I'm blessed and realizing I'm not the only one working with Regina Louise Collaro. I will consider myself lucky. I've been able to feed and make a living through her advice and great work. For such a person as Regina, I owe her gratitude, support and endless prayers as it is not easy to gain access to such a competent and reliable adviser. Who isn't just wise but has all it takes to handle an investment and is good at what she does.😊

@Alexedmartin. Год назад

I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me

@abcdefghijk8933 Год назад

but the student credit cards come with like 20.99% interest does that not impact anything

@queencb7412 3 года назад

how much and may minimim amount ba to open an account? thankyou

@vinavlog2518 2 месяца назад

I'm here also in Ottawa city csnada,but I font know how to open and what is the best bank here in Canada,I'm here for working

@adarshsurendran7648 3 года назад

Waiting for the next video.

@DAVIDC0L Год назад

hey what about the GIC program ? we still outside Canada :(

@BeaAndDaniel Год назад

Hi Angel! What about the GIC program?

@bidhantamang9233 3 года назад

I got offer letter from Centennial College and I paid all my 1st year tution fees through flywire and got the receipt From the college also. Is that receipt means Letter of acceptance,To apply for visa?

@ShackzStewey 3 года назад

Submit your flywire receipt with the school letter and other docs to the visa center in your area.

@artiii2958 2 года назад

The offer letter is your LOA regardless if you've already paid or not. Unless you're conditionally accepted.

@АлияБатыркулова-л9ц 2 года назад

Hi! Can I open my bank account without student id, because my lessons haven't started yet. They will start in 1 month

@BeaAndDaniel 2 года назад

Oooh not so sure about this! Sorry for the late reply

@charmion3762 Год назад

Do i need money to open a bank account

@kenviolago8619 3 года назад

@Bea and daniel nag test po ba kau ng english and math sa centennial college upon arrival?

@gmaa8367 2 года назад

How much is the initial deposit?

@BeaAndDaniel 2 года назад

depends on the bank, shouldn't be too high

@Twiglepro2 Год назад

Hello Tanong ko lang po kung Ang branch Ng bank account ko is in Toronto pwede ko ba makuha sa Alberta KC dun ako mag aaral? Thanks

@Ishbebe 2 года назад

Hindi po ba kailangan ng SIN?

@BeaAndDaniel 2 года назад

Hi! Forgot na eh, but definitely get a SIN asap

@ethanpash7186 2 года назад

pwwde ba mag gic kahit 1st sen lang bayaran na tuition

@BeaAndDaniel 2 года назад

Hi! Daniel here. Not so sure, best to ask the school about this

@htan5425 2 года назад

Very informative video, I would like to ask if it is safe to open an account in the Philippines thru online before coming to canada? Do you know anyone who had an experience opening an account before going to canada? Thank you 😊

@BeaAndDaniel 2 года назад

Not so sure about this! I think it's best to open one when you get here

@goodengineer2736 Год назад

Nice video by the way, I would like to ask if there is a minimum initial deposit in opening Bank Account for ScotiaBank?

@prod.byangelus1671 3 года назад

Hi! I'm currently a senior high school student here in the Philippines but I'm planning on taking an undergrad program in Canada once I graduate (with accommodation already available thanks to relatives). Do you think a 2 year undergrad program will be enough/possible?

@mtd4577 Год назад

How can I open the GIC account from outside Canada after securing full admission. I intend to sunmit the GIC a/c certificate for visa processing. Guide pls

@taniagonzalezperez2656 2 года назад

Really REAALLY helpful. I'm coming to Centennial Fall 2022, just found you guys an hour ago, and so far you had made me fell safe and comfortable answering all my doubts and questions as an International student. I will add you guys to INSTAGRAM too. Thanks and greeting from Mèxico.