Why open a bank account?
Students who carry cash
sometimes lose it. You can avoid this problem by keeping your
money in a bank account. You can then use cheques for
most purchases, including payment of your school fees.
How to open a bank account
You can easily open an account at the Royal
Bank as soon as you arrive. You can obtain an application
form at the school. You should complete the application form
and take it to the Royal Bank at:
1025 West Georgia Street (at Burrard St and Georgia St).
You can save time by faxing the form before you go. Someone
at the school can help you do this.
Who is eligible to open
a bank account?
You must be living in a homestay, apartment, or house. The
bank does not accept hotel, motel, or hostel addresses.
If you do not have a student visa, you should have a letter from
the school, confirming enrollment. You can get this letter
from the receptionist at the Vancouver English Centre:
250 Smithe Street (At the corner of
Smithe St. and Cambie St.).
Where to open your account
The Royal Bank Address for Student Accounts is at the Main
Branch only. The address is:
1025 West Georgia (at Burrard Street), Vancouver.
*Other branches might not open an account for you.
Also, it is important
to note that students must close their bank accounts before leaving
Canada.
For more information
about opening a bank account click
here.
