Introduction Taking care of your money is an important responsibility. Having a bank account helps you protect and manage your money. When you open an account with a bank, your bank can help you handle that job. In Canada, banks are businesses that handle money and provide financial services. Once you have an account, there are many services you can use and different ways of doing your banking.
Canadian banks offer different accounts and services.
Keep in mind that every bank has its own name for each of these. If you are opening your first bank account, you will find this booklet useful. If you already have an account, this booklet may give you more information and details on other services banks offer. This book only discusses accounts mainly offered by banks. There are also other institutions that offer accounts and financial services including credit unions, caisses populaires and trust companies.