What are the ways for a non-resident to open a Canadian bank account—preferably without fees—without being physically present in Canada? I know many (but not all) Canadian banks allow non-residents to open and operate accounts, though it seems most that do require you to apply in person, and many also have monthly fees. For example:
- TD Canada Trust has free chequing accounts which are available for non-residents, but you must open one in person at a branch.
- If you're an HSBC account holder in another country, they will happily open a Canadian bank account for you, though there's a one-time fee (over £100 in the UK) plus ongoing account fees of $25/month (unless you maintain a very large balance).
Are there any Canadian banks which offer simple, preferably no-cost chequing accounts to non-residents, and which don't require you to apply in person in Canada?