Korean Job Discussion Forums

[laogaiguk]

Cuba slaps back at Canadian bank

What do other people think of this? Personally, after banking with the Bank of Nova Scotia for a couple years, I got sick of the horrible service they gave. I closed all my accounts and moved my one student loan from them to CIBC back in '99. Their service was always horrid, even for a bank.

I think this is not the smartest thing to do, but that doesn't surprise me from this bank.

[Bulsajo]

My experiences with CIBC have not been not glowing, to put it mildly- and you thought they might be better than Scotiabank?
A-HAHAHAHAHA!
Did you hear about how they faxed personal info on hundreds of customers by mistake to a junkyard in New Jersey, not just once, but repeatedly over a series of months?
You don't want these people handling your money if you can help it, and you certainly don't want to depend on them to protect you from identity theft...

(um but I haven't actually read the article you posted yet)

[laogaiguk]

[Bulsajo]

You can have an account open and retain non-residency- I did it for 5 years. All you have to do is provide some sort of justification, even a flimsy vague one like "for emergency puproses and funds while visiting relatives" will do (it's what I used). And believe me, if you plan on returning eventually, you'll want to maintain a relationship/history with a bank in preparation for that day- it's hard enough already with that. You'll need a bank to help you sort through the lack of credit rating that a long term non-residency engenders.

[laogaiguk]

[Hollywoodaction]

[Octavius Hite]

Ive banked at Royal Bank since I was 7 years old with my Leo the Lion Savings Account and i've never had a problem, although I argued with them when they stopped putting 5's in the bank machines.

On the other hand when I went to Carleton U in Ottawa I had to open a Scotiabank account cause they were the only bank on Campus. They wouldn't cash the cheques that I wrote, they put everything on a 7 day hold, they wouldn't give service and they closed at 2 WTF? What was the point of having a bank on campus if it closed at 2.

DO NOT USE SCOTIABANK! I know Nazi's who are nicer people.

[mindmetoo]

I find almost any Canadian bank is going to screw you over sooner or later. You can't even pull your money out of the charter bank system and take it to a trust company as they're all owned by the banks. Heck, the banks are trying to get into insurance now too.

[ursus_rex]

Credit Unions all the way. Dropped my Royal Bank account for CU ones twenty years ago... at least profits go to locals and to the members.