{"id":1048932,"date":"2024-12-04T20:12:29","date_gmt":"2024-12-05T01:12:29","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=1048932"},"modified":"2024-12-31T09:06:41","modified_gmt":"2024-12-31T14:06:41","slug":"international-bank-accounts","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/banking\/international-bank-accounts","title":{"rendered":"International bank accounts"},"content":{"rendered":"<p>International bank accounts offer valuable solutions for managing cross-border finances, whether you\u2019re traveling frequently, studying abroad or handling international transactions. With benefits like free or low-cost transfers, access to global ATMs and multi-currency support, these accounts are tailored to a variety of needs.<\/p><p>This guide highlights some of the top international banking options in Canada, comparing fees, features and benefits to help you choose the account that fits your needs.<\/p><h3 id=\"compare\">International bank accounts you can open online<\/h3><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 25%;\" scope=\"col\">Account<\/th><th style=\"width: 25%; text-align: left;\" scope=\"col\">Monthly fee<\/th><th style=\"text-align: left; width: 25%;\" scope=\"col\">International money transfer fee<\/th><th style=\"text-align: left; width: 25%;\" scope=\"col\"><\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>Simplii No Fee Chequing Account<\/strong><\/td><td style=\"text-align: center;\">$0<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/simplii-no-fee-chequing-account-ca-chequing-accounts-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22bc9cfba9-5ce5-4aae-88de-f139bcac33e0%22%2C%22product_name%22%3A%22Simplii%2BNo%2BFee%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2221492%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>EQ Bank Personal Account<\/strong><\/td><td style=\"text-align: center;\">$0<\/td><td>Small conversion fee depending on the currency (not available in Quebec)<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/eqbank-personal-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22bffd0c48-dbf8-4ec5-aedf-a9eeb532406b%22%2C%22product_name%22%3A%22EQ%2BBank%2BPersonal%2BAccount%22%2C%22offer_id%22%3A%2222475%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>BMO Performance Chequing Account<\/strong><\/td><td style=\"text-align: center;\">$17.95<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/bmo-performance-chequing-account-review-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22b01ef1f7-4690-430e-890a-bde8c7186248%22%2C%22product_name%22%3A%22BMO%2BPerformance%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2222439%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>BMO Premium Plan Chequing Account<\/strong><\/td><td style=\"text-align: center;\">$30.95<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/bmo-premium-chequing-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22cf80f7f7-8171-41fa-a940-6ef22d70c74f%22%2C%22product_name%22%3A%22BMO%2BPremium%2BPlan%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2222439%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>Scotiabank Preferred Package<\/strong><\/td><td style=\"text-align: center;\">$16.95<\/td><td>$1.99<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/scotiabank-preferred-package-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%2234e22551-d045-4451-8495-3962ed302fb2%22%2C%22product_name%22%3A%22Scotiabank%2BPreferred%2BPackage%22%2C%22offer_id%22%3A%2224036%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>Scotiabank Ultimate Package<\/strong><\/td><td style=\"text-align: center;\">$30.95<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/scotiabank-ultimate-package-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%2272cc7446-2ad5-45bf-a60e-9c367c2c8ec3%22%2C%22product_name%22%3A%22Scotiabank%2BUltimate%2BPackage%22%2C%22offer_id%22%3A%2224035%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>RBC Signature No Limit Banking Account<\/strong><\/td><td style=\"text-align: center;\">$16.95<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/rbc-signature-no-limit-banking-ca-chequing-accounts-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22a1e23cc0-b6b4-41c2-9d0a-4293f4965664%22%2C%22product_name%22%3A%22RBC%2BSignature%2BNo%2BLimit%2BBanking%2BAccount%22%2C%22offer_id%22%3A%2226912%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>RBC VIP Banking Account<\/strong><\/td><td style=\"text-align: center;\">$30<\/td><td>$0<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/rbc-signature-no-limit-banking-ca-chequing-accounts-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22a1e23cc0-b6b4-41c2-9d0a-4293f4965664%22%2C%22product_name%22%3A%22RBC%2BSignature%2BNo%2BLimit%2BBanking%2BAccount%22%2C%22offer_id%22%3A%2226912%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><\/tbody><\/table><article class=\"luna-card luna-card--primary luna-card--border\">\n  <div class=\"luna-card__block\" style=\"padding:0.7em\">\n<span style=\"font-size:0.9em; font-weight: 800; font-style: italic; text-transform: uppercase;\">Dive deeper: <\/span><a href=\"https:\/\/www.finder.com\/ca\/banking\/best-bank-accounts-for-newcomers-to-canada\" style=\"text-decoration:underline; font-size:0.9em;\">Best bank for newcomers in Canada<\/a>\n<\/div>\n<\/article><h3>International banks in Canada<\/h3><p>Several Canadian banks have established international branches to serve clients worldwide. Notable among these are:<\/p><ul><li style=\"padding-bottom: 14px;\"><strong>Scotiabank (Bank of Nova Scotia):<\/strong> Known as \u201cCanada\u2019s most international bank,\u201d Scotiabank has over 3,000 branches, operating in over 20 countries across regions including the Caribbean, Central and South America, Europe and Asia.<\/li><li style=\"padding-bottom: 14px;\"><strong>RBC (Royal Bank of Canada):<\/strong> RBC has a significant international presence, particularly in the United States and the Caribbean.<\/li><li style=\"padding-bottom: 14px;\"><strong>TD (Toronto-Dominion Bank):<\/strong> TD Canada Trust has significantly expanded into the United States, operating over 1,100 branches along the East Coast.<\/li><li style=\"padding-bottom: 14px;\"><strong>BMO (Bank of Montreal):<\/strong> BMO maintains a notable presence in the United States, offering personal and commercial banking services.<\/li><li style=\"padding-bottom: 14px;\"><strong>CIBC (Canadian Imperial Bank of Commerce):<\/strong> CIBC has expanded its footprint into the US market, offering personal and business banking services through CIBC Bank USA. This expansion allows CIBC to serve clients with cross-border banking needs.<\/li><\/ul><h3>International student bank accounts in Canada<\/h3><p>International student bank accounts in Canada are designed to meet the unique needs of students studying abroad. These accounts often offer benefits like no monthly fees, access to international transfers and perks like rewards or cash bonuses.<\/p><p>Below, we outline some of the best student banking options, highlighting features and how each one caters to international students.<\/p><table class=\"luna-table luna-table--responsiveList\"><thead class=\"luna-table__header\"><tr><th style=\"text-align: left; width: 25%;\" scope=\"col\">Account<\/th><th style=\"text-align: left; width: 25%;\" scope=\"col\">Monthly fee<\/th><th style=\"text-align: left; width: 25%;\" scope=\"col\">International banking features<\/th><th style=\"text-align: left; width: 25%;\" scope=\"col\"><\/th><\/tr><\/thead><tbody class=\"luna-table__body\"><tr><td><strong>BMO Performance Student Chequing Account<\/strong><\/td><td>$0<\/td><td>No-fee Global Money Transfers<\/td><td><section class=\"hero-rates__cta\">\r\n        <div class=\"applylinks CAFSA-CHQ has-margin-top-small\">\r\n          <a class=\"luna-button luna-button--success luna-button--cta has-margin-bottom-xsmall\" rel=\"nofollow\" href=\"https:\/\/www.finder.com\/redirect\/ca\/chequing-accounts\/bmo-student-performance-chequing-account-ca-secure.html?nb=1&amp;src_country=ca&amp;redirect_tracking_params=%7B%22placement_type%22%3A%22nb-product%22%2C%22product_id%22%3A%22e6617d89-e52f-4a76-845d-0fea1a167d23%22%2C%22product_name%22%3A%22BMO%2BPerformance%2BStudent%2BChequing%2BAccount%22%2C%22offer_id%22%3A%2223100%22%2C%22decorator%22%3A%22GLOBAL.PRODUCT.HERO_BUTTON_DYNAMIC_CTA%22%2C%22niche_code%22%3A%22CAFSA-CHQ%22%2C%22post_id%22%3A%221048932%22%2C%22post_path%22%3A%22banking%252Finternational-bank-accounts%22%2C%22post_country%22%3A%22ca%22%7D\" target=\"_blank\">\r\n            Go to site\r\n          <\/a>\r\n\r\n        <\/div>\r\n      <\/section><\/td><\/tr><tr><td><strong>Simplii Financial Student No Fee Chequing Account<\/strong><\/td><td>$0<\/td><td>Guaranteed Investment Certificate access<\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-review\/simplii-financial-no-fee-chequing-account\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><tr><td><strong>Scotiabank Preferred Package for Students and Youth<\/strong><\/td><td>$0<\/td><td>Rewards when you bundle banking products<\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/scotiabank-chequing\/scotiabank-student-banking-advantage-plan-review\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><tr><td><strong>RBC Advantage Banking for Students<\/strong><\/td><td>$0 for full time students<\/td><td>No fees for US and International transfers<\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/rbc-chequing\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><tr><td><strong>CIBC Smart for Students<\/strong><\/td><td>$0 if you graduate before turning 25<\/td><td>$5 per transaction, plus 2.5% administration fee<\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/cibc-chequing\/cibc-smart-for-students-account-review\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><tr><td><strong>TD Student Chequing Account<\/strong><\/td><td>$0<\/td><td>Earn up to $560 in value with the TD Student Banking Package. <b>Valid until June 29, 2026.<\/b><\/td><td><section class=\"hero-rates__cta\">\r\n                            <div class=\"has-margin-top-small\">\r\n\t\t\t\t\t  <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/td-chequing\/td-student-chequing-account-review\" rel=\"nofollow\" class=\"luna-button luna-button--primary luna-button--ghost luna-button--cta has-margin-bottom-xsmall\">\r\n\t\t\t\t\t\tRead review\r\n                              <\/a><\/div>\r\n\t\t\t\t  <\/section><\/td><\/tr><\/tbody><\/table><article class=\"luna-card luna-card--primary luna-card--border\">\n  <div class=\"luna-card__block\" style=\"padding:0.7em\">\n<span style=\"font-size:0.9em; font-weight: 800; font-style: italic; text-transform: uppercase;\">Dive deeper: <\/span><a href=\"https:\/\/www.finder.com\/ca\/banking\/student-bank-accounts\" style=\"text-decoration:underline; font-size:0.9em;\">Guide to student bank accounts in Canada<\/a>\n<\/div>\n<\/article><h3>What is the best international bank?<\/h3><p>The best international bank for you depends on your banking needs. For example, if you\u2019re a Canadian who is planning on doing a lot of banking in the US, a bank like TD or BMO might be best. If you plan to do banking in Asia or Europe, Scotiabank may be the best international bank for you.<\/p><h3>International banks with branches in Canada<\/h3><p>Some international banks have also expanded into the Canadian market. One of the biggest examples of that is ICICI Bank, which is headquartered in Mumbai, India but expanded into Canada in 2003.<\/p><p>Alternatively, there are some banks that have tried to expand into Canada, but had to withdraw. <a href=\"https:\/\/www.finder.com\/ca\/digital-banking\/revolut-alternatives\">The UK-based bank, Revolut<\/a>, is a good example of that. It first expanded into Canada in 2019 but left the Canadian market in 2021.<\/p><h3>How to choose the best international bank account<\/h3><p>The best international bank accounts offer features that simplify banking, such as low fees, free transfers and access to global services. When comparing accounts, consider your specific needs like frequent travel or international transactions. Below are key features to look for along with examples of accounts that excel in each area.<\/p><h4>Free international money transfers<\/h4><p>If you frequently send money abroad, international bank accounts that waive transfer fees can save you hundreds of dollars. The Simplii No Fee Chequing Account, for example, allows you to send free international transfers to over 130 countries worldwide.<\/p><h4>International customer service<\/h4><p>Round-the-clock support is crucial when banking across time zones. Accounts like the RBC VIP Banking Account offer dedicated international customer service to handle your needs wherever you are. This ensures your issues are resolved quickly, no matter the time or place.<\/p><h4>International ATM access<\/h4><p>Frequent travelers should prioritize accounts that offer fee-free or discounted international ATM withdrawals. For example, as a founding member of the Global ATM Alliance, Scotiabank provides fee-free access to over 44,000 ATMs in more than 40 countries. This benefit helps you save money and avoid unnecessary fees when withdrawing cash abroad.<\/p><h4>International branch access<\/h4><p>Having access to physical branches in multiple countries is invaluable for resolving issues in person when the occasion arises. For example, Scotiabank operates over 2,000 branches and offices across 50 countries, including the Caribbean, Central and South America and parts of Asia. This extensive network ensures that, as a Scotiabank customer, you have access to in-person banking services and support while travelling or living abroad.<\/p><h4>Low currency conversion fees<\/h4><p>Currency conversion fees can quickly add up when traveling or making international transactions, cutting into your savings. Some accounts like the EQ Bank Personal Account offer low, transparent fees to help you avoid unexpected costs. Similarly, the Simplii No Fee Chequing Account is a great international bank account choice if you want to send funds to your home country with no transfer fees.<\/p><h4>Access to US funds<\/h4><p>Canadians traveling or doing business in the US benefit from accounts offering easy access to US dollars. The RBC Signature No Limit Banking Account simplifies cross-border banking with access to US funds. Having this feature on your international bank account avoids costly conversion fees and ensures smooth transactions.<\/p><h3>International bank account fees<\/h3><p>International bank accounts often come with various fees. One common charge is the currency exchange fee, applied when converting funds between currencies. These fees typically range from 1% to 3% of the transaction amount, depending on the bank and currency.<\/p><p>For example, <a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-review\">EQ Bank<\/a> charges a small, transparent conversion fee, while other banks may include markups within their exchange rates.<\/p><p>Another frequent charge is the international money transfer fee, which varies widely from $0 to $45 or more based on the bank and destination. Additionally, foreign transaction fees\u2014usually 2.5% to 3% of the transaction\u2014apply when using your debit card for purchases or withdrawals in a foreign currency.<\/p><p>Not to be mistaken for conversion fees, foreign transaction fees specifically cover the cost of processing credit and debit card transactions outside Canada or in non-CAD currencies. Note, this means you can often expect to pay both the foreign transaction fee and the conversion fee when making international purchases.<\/p><p>To reduce costs, consider options like the <a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-review\/eq-bank-personal-account-review\">EQ Bank Personal Account<\/a>, which has low currency conversion fees, or the <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/rbc-chequing\/rbc-signature-no-limit-banking-account-review\">RBC Signature No Limit Banking Account<\/a>, which waives international transfer fees. These accounts can be particularly beneficial for frequent travelers or those managing funds across currencies.<\/p><article class=\"luna-card luna-card--shadow\"><div class=\"luna-card__block\"><h4>Tips to avoid foreign transaction fees<\/h4><p>Here are a few ways to stop paying a foreign transaction fee when you swipe your credit card:<\/p><ul><li><strong>Exchange currency before you leave Canada.<\/strong> Converting money at your home bank before you head off overseas could save you the conversion fee.<\/li><li><strong>Consider cross-border banking.<\/strong> Some banks partner with other institutions to bring customers fee-free access overseas. For example, Scotiabank is a founding member of the Global ATM Alliance. When you\u2019re travelling outside Canada, you can use the ABMs of international banks in the Alliance; you\u2019ll skip the surcharge and save on access fees.<\/li><li><b>Get cash back at checkout.<\/b> If you use your debit card in a store in another country, you may be able to get cash back at the checkout without paying any fees.<\/li><li><strong>Get a card with no FX fees.<\/strong> Consider getting a prepaid, credit card or <a href=\"https:\/\/www.finder.com\/ca\/prepaid-cards\/debit-cards-low-foreign-transaction-fees\">debit card that doesn\u2019t charge foreign transaction fees<\/a>. Good options include a Wise Virtual Debit Card or the EQ Bank Card.<\/li><li><strong>Consider a foreign currency account.<\/strong> If you regularly spend or get paid in other currencies, a foreign currency account allows you to hold funds in the international currency of your choice.<\/li><\/ul><\/div><\/article><h3>How to open an international bank account online<\/h3><p>Opening an international bank account online is straightforward and is often similar to the process of opening a domestic account. Here\u2019s a simple step-by-step guide to help you get started:<\/p><ol><li style=\"padding-bottom: 14px;\">Select the <strong>Go to site<\/strong> button for an international bank account <a class=\"scroll\" style=\"text-decoration: none; color: #1d53ff;\" href=\"#compare\">in the table above<\/a> to visit the financial institution\u2019s website.<\/li><li style=\"padding-bottom: 14px;\">Fill in your necessary personal details, including your name, address, date of birth and citizenship.<\/li><li style=\"padding-bottom: 14px;\">Verify your identity by uploading a government-issued photo ID, such as a passport or driver\u2019s license.<\/li><li style=\"padding-bottom: 14px;\">If required, provide proof of address (e.g. a utility bill) or proof of income (e.g. a recent pay stub).<\/li><li style=\"padding-bottom: 14px;\">Fund your account by making the minimum initial deposit, if applicable.<\/li><li style=\"padding-bottom: 14px;\">Confirm your application and wait for approval, which can take anywhere from a few minutes to several days.<\/li><li style=\"padding-bottom: 14px;\">Once approved, set up online banking access and order any necessary physical bank cards.<\/li><\/ol><h4>Can I open an international bank account online for free?<\/h4><p>Yes, several banks allow you to open international accounts for free with no monthly fees. Examples include the <a href=\"https:\/\/www.finder.com\/ca\/banking\/simplii-financial-review\/simplii-financial-no-fee-chequing-account\">Simplii No Fee Chequing account<\/a> or the <a href=\"https:\/\/www.finder.com\/ca\/banking\/eq-bank-review\/eq-bank-personal-account-review\">EQ Bank Personal account<\/a>, both of which can be opened online in just a few steps. These accounts are ideal for Canadians seeking budget-friendly international banking.<\/p><h3>What is an international bank account number?<\/h3><p>An International Bank Account Number, or IBAN, is a standardized numbering system that helps facilitate international money transfers, especially within Europe and other specific regions.<\/p><p>Unlike Canadian bank accounts, which rely primarily on a combination of transit numbers and institution codes for domestic transactions, an IBAN provides a unique, globally recognized identifier for bank accounts across borders.<\/p><p>Although Canadian banks don\u2019t issue IBANs, understanding these numbers is essential for Canadians sending money abroad to IBAN-supported countries.<\/p><p>An IBAN includes a combination of letters and numbers typically beginning with a two-letter country code followed by cheque digits and a series of alphanumeric characters that uniquely identify the recipient\u2019s bank and account.<\/p><p>This system is used to ensure international transfers are accurate and efficient. For Canadians, using an IBAN is straightforward if your bank or financial service supports international wire transfers. You may need the recipient\u2019s IBAN and SWIFT\/BIC code to ensure funds are routed correctly.<\/p><h3>How to transfer money to an international bank account<\/h3><ol><li style=\"padding-bottom: 14px;\"><strong>Choose a transfer method.<\/strong> Decide whether to use your bank, a money transfer service like Wise or Western Union or an online platform like PayPal that specializes in sending money internationally.<\/li><li style=\"padding-bottom: 14px;\"><strong>Log in or register.<\/strong> Access your online banking account or sign up for a transfer service.<\/li><li style=\"padding-bottom: 14px;\"><strong>Enter the recipient\u2019s information.<\/strong> Provide the recipient\u2019s name, bank name, account number and SWIFT\/BIC or IBAN.<\/li><li style=\"padding-bottom: 14px;\"><strong>Select the currency and amount.<\/strong> Specify the currency and amount you wish to send.<\/li><li style=\"padding-bottom: 14px;\"><strong>Pay for the transfer.<\/strong> Use your bank account, debit card or credit card to fund the transfer.<\/li><li style=\"padding-bottom: 14px;\"><strong>Track the transfer.<\/strong> Monitor the progress of your transaction and confirm that the recipient has received the funds.<\/li><\/ol><h3>What is the Canadian bank account number format for international transfers?<\/h3><p>When managing international transfers to Canadian bank accounts, it\u2019s essential to provide accurate account details to ensure smooth transactions. Canadian bank account numbers are typically structured as follows:<\/p><ol><li><strong>Institution number:<\/strong> A 3-digit code identifying the financial institution. For example, Royal Bank of Canada\u2019s institution number is 003.<\/li><li><strong>Transit number:<\/strong> A 5-digit code identifying the specific branch where the account is held. This number is unique to each branch.<\/li><li><strong>Account number:<\/strong> Typically a 7- to 12-digit number unique to the account holder. If your account number has fewer digits, you may need to add leading zeros to meet the required length.<\/li><\/ol><p>These three components work together like a street address (bank) and house number (specific account) to make sure money arrives in the right place.<\/p><p>Sometimes, the sender also needs a SWIFT code. This is like the international nickname for the bank, so the foreign bank knows which Canadian bank to contact.<\/p><h4>Example of a Canadian bank account number format<\/h4><p>Imagine you\u2019re sending money to someone who banks at RBC. The details might look like this:<\/p><ul><li><strong>Transit number:<\/strong> 12345<\/li><li><strong>Institution number:<\/strong> 003<\/li><li><strong>Bank account number:<\/strong> 1234567<\/li><li><strong>SWIFT code:<\/strong> ROYCCAT2<\/li><\/ul><p>The bank account number is separate from the transit and institution numbers but is equally important. Together, these details guide money to the right account.<\/p><h3>Bottom line<\/h3><p>Choosing the right international bank account depends on your financial needs, such as minimizing fees, managing currency exchanges or accessing funds abroad. Canadian banks offer a variety of options tailored to different purposes, from free accounts with essential features to premium packages with extensive global benefits.<\/p><p>By comparing key features like international money transfer fees, ATM access and customer service, you can select the account that best suits your lifestyle. Whether you\u2019re a frequent traveler, a student or someone managing cross-border finances, the accounts outlined in this article provide excellent starting points for seamless international banking.<\/p><h3>FAQs about international bank accounts<\/h3><ul class=\"luna-accordionGroup accordionGroup\">\n\t<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000000\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000000\">\n                <span class=\"luna-accordion__title\">Can I open a bank account internationally?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000000\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Yes, you can open a bank account internationally, but requirements vary by country and bank. Typically, you'll need a passport, proof of address and sometimes a visa or proof of income. Banks like Scotiabank and RBC offer accounts tailored to international needs, and these can often be opened online or through branches with global networks.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000001\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000001\">\n                <span class=\"luna-accordion__title\">Which Canadian Bank has US branches?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000001\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>Several Canadian banks have a presence in the US, including TD Bank, which operates over 1,100 branches along the East Coast, and BMO Harris Bank, a subsidiary of BMO serving the Midwest. RBC also operates in the US through City National Bank, and CIBC offers services via CIBC Bank USA, providing Canadians with cross-border banking options.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000002\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000002\">\n                <span class=\"luna-accordion__title\">What is the difference between an IBAN and a SWIFT code. Do Canadian accounts use these numbers?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000002\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>An IBAN is a standardized international account number used mainly in Europe, while a SWIFT code identifies specific banks globally for transactions. For international transfers, Canadian accounts don't use IBANs but require SWIFT codes along with the institution and transit numbers.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n<li class=\"luna-accordion\" data-accordion=\"accordion\">\n    <div class=\"luna-accordion__summary\">\n        <h4 class=\"luna-accordion__heading\">\n            <button class=\"luna-accordion__action collapsed\" aria-expanded=\"false\" aria-controls=\"faq-builder-0000000003\" data-toggle=\"collapse\" data-target=\"#faq-builder-0000000003\">\n                <span class=\"luna-accordion__title\">How can you avoid foreign transaction fees?<\/span>\n                <svg class=\"luna-icon\" aria-hidden=\"true\">\n                    <use xlink:href=\"#chevron-down\" data-accordion-icon=\"show\"><\/use>\n                    <use xlink:href=\"#chevron-up\" data-accordion-icon=\"hide\" class=\"is-hidden\"><\/use>\n                <\/svg>\n            <\/button>\n        <\/h4>\n    <\/div>\n    <div class=\"luna-accordion__details collapse\" aria-hidden=\"true\" id=\"faq-builder-0000000003\" data-accordion=\"details\">\n        <div class=\"accordionContent\">\n            <div>\n                <p>To minimize currency conversion fees, use accounts like the EQ Bank Personal Account, which offers low, transparent conversion rates for foreign currencies. Pay in the local currency when travelling to avoid dynamic currency conversion fees, and, for better rates, exchange money in advance at banks like Simplii Financial or Scotiabank.<\/p>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/li>\n\n<\/ul>\n<div id=\"sources\" style=\"position: relative;\"><h3 style=\"position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0,0,0,0); white-space: nowrap; border: 0;\">Sources<\/h3>\n<div id=\"lazy0000000004\"><\/div>\n<script type=\"application\/json\" id=\"lazyloaded-assets-json-lazy0000000004\" class=\"lazyloaded-assets-json\">{\"critical-scripts\":[],\"scripts\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.de087a0da9824e407767.js\"],\"styles\":[\"https:\\\/\\\/www.finder.com\\\/parent-theme\\\/shortcodes\\\/article-source\\\/prod\\\/article-source.87684078d471e76125dd.css\"]}<\/script><\/div>\n<div class=\"contentFeed contentFeed--relatedPosts\">\n            <h3 class=\"contentFeed__title\">More banking guides from our experts<\/h3>\n        <div class=\"contentFeed__carousel\" data-post-count=\"6\">\n                                    <div class=\"fin-carousels fin-carousels--multiple-items-in-view\" id=\"fin-carousel0000000000\" data-items-in-view=\"3\" style=\"--items-in-view: 3\">\n    <div class=\"fin-carousels__container\">\n        <div class=\"fin-carousels__slides\">\n                                <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/banking-statistics\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2025\/03\/Bank-Canada_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/banking-statistics\">Banking statistics and trends in Canada for 2025<\/a>            <\/p>        <\/header>        <p>Explore key banking statistics and figures from the Finder: Consumer Sentiment Survey January 2025.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-no-fee-chequing-accounts\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2024\/04\/Best-No-Fee-Chequing-Accounts-4_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Chequing Accounts<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-no-fee-chequing-accounts\">Best free (no-fee) chequing accounts in Canada for 2026<\/a>            <\/p>        <\/header>        <p>Compare the features of 8 of the best no-fee chequing accounts in Canada, and find out how to avoid transaction fees.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/new-bank-account-offers\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2023\/03\/Bestnewbankaccountoffers2_Supplied_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/new-bank-account-offers\">17 best new bank account offers for May 2026<\/a>            <\/p>        <\/header>        <p>Earn cash, rewards points, bonus interest rates and more with these new bank account offers and promotions.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-teens\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/12\/Teen-Kid-Holding-Piggy-Bank_Supplied_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Kids Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/kids-banking\/best-bank-account-for-teens\">Best youth bank accounts in Canada<\/a>            <\/p>        <\/header>        <p>Learn about the different types of bank accounts for your teenager and how to choose the right one.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-chequing-accounts\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2020\/07\/Best-Chequing-Accounts-Canada-2_Finder_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Chequing Accounts<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/chequing-accounts\/best-chequing-accounts\">Best chequing accounts in Canada for 2026<\/a>            <\/p>        <\/header>        <p>Compare chequing accounts and learn about our top picks. Compare different features and see which one is right for you.<\/p>                    <\/div>        <\/article>            \n<\/div>\n                    <div class=\"fin-carousel-item\">\n                <article class=\"luna-card luna-card--stretch\">        <figure class=\"luna-card__figure\">        <a href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">            <picture>                <source type=\"image\/webp\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=180&amp;webp=1 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=360&amp;webp=1 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=450&amp;webp=1 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\"><\/source>                <img decoding=\"async\" class=\"luna-image\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI5IiBoZWlnaHQ9IjUiIHN0eWxlPSJiYWNrZ3JvdW5kLWNvbG9yOiAjRjVGNkY3OyIvPg==\" data-src=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg\" data-srcset=\"https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=180 180w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=360 360w, https:\/\/www.finder.com\/finder-us\/wp-uploads\/sites\/5\/2019\/12\/Typing-On-Laptop_Supplied_Canva_450x250.jpg?fit=450 450w\" data-sizes=\"(max-width: 600px) 100vw, 35vw\" alt=\"\" loading=\"lazy\">            <\/picture>        <\/a>    <\/figure>        <div class=\"luna-card__block\">                            <div class=\"contentFeed__pills\">                                                    <span class=\"contentFeed__pill contentFeed__pill--category\">Banking<\/span>                            <\/div>                        <header>            <p class=\"luna-card__title luna-card__title--small\">                <a href=\"https:\/\/www.finder.com\/ca\/banking\/open-bank-account-online\">Open a bank account online in Canada in 5 easy steps<\/a>            <\/p>        <\/header>        <p>Compare and open a bank account online in Canada in as little as 5 minutes. Learn what you need to apply and how to get started today. <\/p>                    <\/div>        <\/article>            \n<\/div>\n                \n        <\/div>\n    <\/div>\n    <div class=\"fin-carousels__controls\">\n        <button class=\"fin-carousels__nav fin-carousels__nav--prev fin-carousels__nav--disabled\" aria-label=\"Previous slide\">\n            <svg class=\"luna-icon\" style=\"--fill: var(--color-background-main)\">\n                <use href=\"#chevron-left\"><\/use>\n            <\/svg>\n        <\/button>\n        <button class=\"fin-carousels__nav fin-carousels__nav--next fin-carousels__nav--disabled\" aria-label=\"Next slide\">\n            <svg class=\"luna-icon\" style=\"--fill: var(--color-background-main)\">\n                <use href=\"#chevron-right\"><\/use>\n            <\/svg>\n        <\/button>\n    <\/div>\n\n    <div class=\"fin-carousels__dots\" role=\"tablist\" aria-label=\"Carousel navigation\"><!-- Dots will be generated by JavaScript -->\n    <\/div>\n<\/div>\n\n    <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Explore international bank account options. Plus, learn how international bank account numbers work.<\/p>\n","protected":false},"author":1362,"featured_media":1048935,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[5550],"tags":[],"asset_tag":[],"class_list":["post-1048932","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking"],"apple_news_notices":[],"yoast_head":"<!-- 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