As a non-resident, what do I need to open an account at Assante Connect?
Non-residents must have a minimum of $25,000 to invest and maintain a bank account in Canada. We will also verify your identity using an electronic verification process.
If that electronic verification is unsuccessful, we will request an e-statement (not a scan of a paper statement, but rather a downloaded e-statement) of the following:
1. Your bank account statement
2. One other electronic document issued by:
- Government body (i.e. CRA, Service Canada, etc.)
- A utility or cell phone company
- An investment company
- An insurance company
- A Credit Card Provider
You will need to provide your Canadian SIN number as well as any foreign tax ID numbers you may have during the application.
Additional documentation may be requested to set up your account.