Which Banks Accept No-SIN Account Openings?
- ✓KOHOOpens online — no SIN, no credit check. $100 bonus available.
- ✓TD Bank — New to CanadaAccepts passport + immigration documents. SIN optional.
- ✓RBC — Newcomer AdvantageOpens with passport and study/work/PR permit. No SIN required initially.
- ✓Scotiabank — StartRight ProgramWelcomes newcomers without SIN using 2 forms of ID.
- ✓CIBC — Newcomer BankingOpens with passport and immigration document.
- ✓BMO — NewStart ProgramFull banking without SIN using immigration status documents.
- ✓Simplii FinancialOnline opening — no SIN required for basic chequing.
- ✓EQ BankOnline application — SIN required for savings (tax reporting), not chequing.
What Documents Do You Need Instead?
Primary ID (at least 1 required):
- Valid passport (any country)
- Canadian driver's licence
Secondary / Immigration Documents (1 required):
- Permanent Resident card or COPR
- Study permit
- Work permit
- Visitor visa with proof of address intent
- Refugee protection document
When Will Banks Ask for Your SIN?
While you can open a chequing account without a SIN, there are situations where your bank will ask for it:
- Savings or interest-bearing accounts — Banks must report interest income to the CRA, which requires your SIN
- GICs (Guaranteed Investment Certificates) — Required for all registered and non-registered GICs
- Registered accounts (TFSA, RRSP, FHSA, RESP) — SIN is mandatory for all registered accounts
- Mortgage applications — SIN required for credit reporting and identity verification
- Credit card applications — Usually required, though some newcomer cards skip this
Important: If you're working in Canada, you must have a SIN. Apply at your nearest Service Canada office as soon as possible after arriving — it's free and takes about 1–2 weeks by mail or same-day in person.
How to Apply for a SIN in Canada
- Find your nearest Service Canada office at canada.ca/service-canada
- Bring your immigration document (PR card, study permit, work permit, etc.)
- Apply in person — You receive your SIN on the same day
- Apply by mail — Takes 1–4 weeks; send certified copies of documents
- Online application — Available for some immigration categories
Your SIN is a 9-digit number starting with a specific digit based on your status (permanent residents typically receive SINs starting with 1, temporary residents with 9).
Can You Get a Credit Card Without a SIN?
This is more difficult. Most credit card issuers require a SIN for identity verification and credit bureau reporting. However, some newcomer-friendly options exist:
- Secured credit cards from Scotiabank StartRight or TD require a SIN but are easy to get
- KOHO's prepaid Mastercard has no SIN requirement — works exactly like a credit card for purchases
- Some credit unions may approve with alternative identification
Frequently Asked Questions
Is it legal for a bank to refuse me without a SIN?
Under the Canadian Bank Act and FCAC (Financial Consumer Agency of Canada) regulations, federally regulated banks cannot refuse to open a basic personal account solely because you don't have a SIN. If a bank refuses, you can file a complaint with the FCAC at canada.ca/fcac.
What can I do with a bank account before I get my SIN?
You can make deposits and withdrawals, pay bills, receive money (salary, transfers), make purchases with a debit card, send and receive Interac e-Transfers, and use online banking. You cannot open a TFSA, RRSP, or earn interest on savings accounts until you provide your SIN.
How long does it take to get a SIN in Canada?
In-person at a Service Canada office: same day. By mail: 4–6 weeks. As of 2025, permanent residents and some temporary residents can also apply online. It's free to apply.
Can I open a bank account in Canada as a visitor?
Yes, but with limitations. Most banks will open a basic account for visitors with a valid passport and proof of a Canadian address. Some require proof of ties to Canada. KOHO is the easiest option for visitors as it's fully online and has no SIN requirement.
Can a tourist open a Canadian bank account?
It's difficult as a tourist. Banks are more comfortable with individuals who have immigration documents showing they're in Canada for study, work, or permanent residency. Visitors with a tourist visa may face more restrictions. Digital options like KOHO are more accessible.
Do I need a Canadian address to open a bank account without a SIN?
Most banks require a Canadian address or a letter showing you intend to reside in Canada. You can use your school's address, a friend's address, or a short-term rental address. Some banks (like TD's pre-arrival service) will let you begin the process before you have a Canadian address.