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Banking

Banking in Canada

Opening a Bank Account

Many of the following banks have branches in Guelph, but some may be physically closed due to social distancing measures, and others may have changed their opening hours due to Covid-19. At this point in time, banks are encouraging online processes and transactions. Refer to the links included with each bank listed below to be redirected to their webpage for international students.

In most cases, you will need the following documents to open a bank account in Canada. You will also need to be physically present at the branch.

  1. Your passport or birth certificate
  2. A second piece of identification
  3. Some money to deposit
  4. Your University of Guelph Student ID or proof of enrolment at the University of Guelph 

Local Banks

Bank Address & Phone Number This bank has an Automated Teller Machine (ATM) on Campus
Bank of Montreal Stone Road Mall
435 Stone Rd W
519-836-7400
No
Scotiabank Stone Road Mall
435 Stone Rd W
519-823-2744
No
Royal Bank of Canada (RBC) Athletics Centre (UofG)
50 Stone Rd E
519-767-4511
Yes
TD Canada Trust 496 Edinburgh Rd S
519-821-2200
No
Canadian Imperial Bank of Commerce (CIBC) 374 Stone Rd W
519-824-6520
Yes

 

Additional Resources

You can also refer to the following resource for more general information about finances, being a newcomer, immigration, careers, and more.