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Please don't, Canadian banks might be safe for those investing in them but they are horrible to customers. Customer service in Canadian banks is non-existent. H
by nkassis 17y ago
Please don't, Canadian banks might be safe for those investing in them but they are horrible to customers. Customer service in Canadian banks is non-existent. Having lived in Florida (from Quebec) for half a decade, I seriously prefer the small banks in Florida. Local banks don't exist in Canada so the big ones can get away with being open 4 hours a day, charging terrible fees, and more crappy practices that are due to lack of competition
- jbm 17y agoDitto. I also have to ask, how many of the list of items are customer friendly, or low-income friendly? Can't pre-pay earlier? A few oligopolist banks that are all-powerful? Public housing instead of the opportunity to buy? Bank re-negotiates the interest rate every 5 years? Dealing with Canadian banks is quite irritating because they always have the upper hand on you. No 10k in the bank? Then that US$ check that you just received is going to take a month to clear. (This is in the information age!)
- heresy 17y agoWow, who still uses checks? Maybe I'm spoiled, because here in NZ it's pretty uncommon to use cash, everything is EFT or online transfer. I've not seen a check once since I came here. At most I carry $0-50 on me at any time. Also, transferring funds internationally between bank accounts (not credit card) is usually instant, or at most 1 day, depending on the settlement window of your bank compared to originating bank. Checks seem so...80s?