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It may be the new FATCA regulations that the US is trying to force down other countries' necks. Makes it a pain for foreign banks to accommodate US citizens.
Actually, it has nothing to to with FATCA. My husband opened his account well before 2010. The first three branches he asked said it couldn't be done without a SIN. Branch #4 said no problem. Branch #4 said that this happens all of the time (i.e. branches not knowing how to handle account opening without a SIN). Branch #4 also said that your best bet is to go a branch in a part of the city with lots of immigrants because chances are that branch will know how to complete an account opening without a SIN.
So it seems to be a training / know-how issue rather than a regulatory issue.
My BF opened a Canadian Bank Account at RBC.. My bank ( Coast Capital ) wouldn't let him but they said try one of the bigger branches.. He had no trouble at all! So I guess I will get my name on that account, rather than his on mine...
My BF also opened one from RBC no problem with no Canadian SIN. If you have problems, I would suggest a branch near a university/college since they usually deal with accounts for international students all the time who don't have any Canadian ID.
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