Bank accounts

Canada is known for its solid and stable banking system, which comprises six major banks and a financial cooperative.

These trusted institutions provide companies and their employees with numerous points of service, convenient opening hours, sophisticated financial products and leading-edge online services. Most of them also maintain overseas operations to varying degrees.

Opening a business bank account is a straightforward process. Here are the documents you may need:

  • Original articles or certificate of incorporation;
  • Trade name registration;
  • Most recent list of directors;
  • Certificate of corporate status;
  • Certificate of existence;
  • Annual report for the last fiscal year;
  • Most recent company tax return;
  • Health and safety certificates.

Presented by

Eric Prud’homme and Guy Nadeau – General Manager, Desjardins Business, Western Montréal/General Manager, Desjardins Business, Eastern Montréal Desjardins