Business Account Opening Requirements

1. Requirements

Here is a prepared check list of what you need to make account opening easy and convenient.

New Accounts

Sole Proprietor:

• Business Name Registration (must be registered)
• Legal address description is required when owner uses a PO Box
• One piece of valid Government Issued Photo ID and Social Insurance Number

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

Partnership:

• Business Name Registration (must be registered)
• Partnership agreement
• Legal address description is required when owner uses a PO Box
• One piece of valid Government Issued Photo ID and Social Insurance Number

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

Corporation:

• Business Name Registration (must be registered)
• Legal address description is required when owner uses a PO Box
• One piece of valid Government Issued Photo ID for each authorized signor

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

Unincorporated Organization/Associations:

• Articles of Association (if applicable)
• Legal address description is required when owner uses a PO Box
• Minutes of meeting (signed by two) or letters from leagues or governing bodies
• One piece of valid Government Issued Photo ID for each authorized signor

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

2. Signing Authorities

Need to make changes to your existing account? No problem! Here is a prepared checklist of what is required to make this process stress free:

Sole Proprietor/Partnership:

• Business Name Registration (must be registered)
• Partnership agreement
• One piece of valid Government Issued Photo ID for each authorized signor

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

Corporation:

• Business Name Registration (must be registered) if shareholders, officers or directors are changing or have changed
• One piece of valid Government Issued Photo ID for each authorized signor

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.

Unincorporated Organization/Associations:

• Legal address description is required when owner uses a PO Box
• Minutes of meeting (signed by two) or letters from leagues or governing bodies stating signing authority changes
• One piece of valid Government Issued Photo ID for each authorized signor

Please book an appointment to avoid any wait times at an advice centre/branch or over the phone.