FAQ: Business

Banking, foreign currency

What do I need to open a bank account in Canada?
What is the bank closest to the College?
Where can I exchange foreign currency?
 

What do I need to open a bank account in Canada?

• One identification document such as a passport
• One other piece of identification such as a student card
• Something that has your local address on it, such as a letter from the college or a letter from your homestay host

For more information on dealing with Canadian financial institutions go to www.fcac.gc.ca
 

What is the bank closest to the College?

• Bank of Montreal
  Located in the Northland Mall at the corner of Huron Street & Highbury Ave.
  1255 Highbury Ave., London
  519-667-6171
   
• CIBC
  Located in the Oxbury Mall at the corner of Oxford Street & Highbury Ave.
  1299 Oxford Street East, London
  519-452-7400
   
• RBC Royal Bank
  Located at the corner of Dundas and Saul Streets.
  1670 Dundas Street, London
  519-457-5700
   
• Scotiabank
  Located just north of Huron Street
  1250 Highbury Ave., London
  519-451-4930
   
• TD Bank Financial Group
  Located at the corner of Huron Street & Highbury Ave.
  1314 Huron Street, London
  519-451-0453

To locate banks, restaurants etc. in the London area, go to the Canada 411 website, choose "Find a Business" and use the "Proximity" search option. You can search by local address or postal code to locate businesses within the area you are interested in.
 

Where can I exchange foreign currency?

• Continental Currency Exchange
  Located in Masonville Mall at the corner of Fanshawe Park Road & Richmond Street
  1680 Richmond Street, London
  519-850-0111
   
• London Currency Exchange Inc.
  Inside the Robert Q Travel Centre
  105 Wharncliffe Road South, London
  519-434-5080
  For more information visit http://londoncurrencyexchange.ca/.
   
• Your own bank.
  Most banks will exchange foreign currency if you have an account with them.