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What are the requirements for Savings?

The only requirement for the savings feature is your SIN (Social Insurance Number). To comply with federal laws, banks are required to obtain your social insurance number when they open an interest-bearing account, so they can report the interest you earn to the Canada Revenue Agency.

Related questions

  • What is the interest rate for the savings feature?
  • Do I pay a fee when I make transactions in a foreign currency with my PC Money™ Account?
  • What Is the new Savings feature?
  • How do I transfer money into my Savings?
  • How do I transfer or add funds into my PC Money™ Account from another financial institution?
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