Advertisement
Opening a bank account is pretty easy... and closing one should be, too. Here are the steps to take.
Pretty much every Canadian has a bank account. So it makes sense to ensure that you have the best savings account for you (and chequing too) by shopping around. So if you’ve decided to move on from your current bank, you will want to close your old account and ensure that nothing gets lost in the transition—overdraft fees, no thank you. Watch this video to learn the steps and everything you need to close up shop on a bank account in Canada.
Watch MoneySense: How to close a bank accountShare this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email
A MoneySense reader asks what tax and probate implications she might face if she inherits a rental property held...
Whether you want the highest interest rate or no service fees, these savings accounts will meet your needs.
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Which ETFs should you invest in? Which ones best suit your risk tolerance? What about personal ethics? Check out...
The co-founder of online prenuptial agreement startup Jointly talks about leaving Big Law, tracking spending as a system, and...
The Index Matrix vividly illustrates how different assets performed in the past. Here’s how Canadians can use it to...
Canadian investors have several options for investing in bitcoin and other cryptocurrencies. Here are the pros and cons of...
Both mutual funds and ETFs have their place, and the right one for you comes down to your financial...
A MoneySense reader wants to give money to his spouse to invest. Can he avoid Canada’s income attribution rules?
Many retailers offer buy now, pay later programs to encourage spending. Understand the risks, including how your BNPL data...
Have been losing. Money from bmo account via fraud ,, bmo fraud team refuse to investigate or accept responsibility,, their security is not great , your money is not safe in a bmo account…!!!
Scotiabank bank is not good to senior citizens in my experience.
Also the manager doesn’t deliver when they state they will call back. This happened several times. It is awful for information via telephone. No one answers the phone nor return calls leaving the solution to a query left on the answering machine at a particular branch midtown. If someone.calls they give wrong extension to reach them.