Proof of fund landing question...pls help

[lloydnina]

Hi, my wife and i are landing this january to toronto. My questions are....

1. Would it be ok if i open a canadian dollar account in HSBC CANADA for our landing proof of funds? I can just use a statement of account from online?

2. Is it ok if our money will only be under my name and not a joint account? I am the primary applicant.

I hope you guyz can help.thanks

 

[steaky]

Sure, but HSBC doesn't have a lot of branches and bank machines in Toronto. Scotia, BMO and CIBC are some of the better options.

 

[abedi555]

Out of my experience HSBC is worst bank to deal with.When I opened an account with them they told me I can operate account both in India and US but that did not happen.I opened account in India and them when travelled to US they said it is not possible,So my advice is dont trust them instead opt for travellers chq.u can as it is carry 10000 dollars each.so what ever is better and if u want to use bank then SCOTIA bank is best.