Foreign Companies

Can a foreign company open a Canadian bank account with an Ancre address?

Yes, an Ancre address serves as the Canadian business address for opening a business account, and the attestation PDF provided meets the proof of address the bank asks for. Canadian institutions do, however, often require a director or signing officer to appear in person with the incorporation documents, or to go through their international desk. Ancre cannot open the account for you, but the conference room at 402 can host the meeting with the bank advisor. Some fintechs and online banks also accept fully remote opening from a domiciliation address.

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