The big five banks in Canada include RBC, TD, Scotia, BMO, and CIBC (arranged by assets, so having less BMO outside BC does not mean it is worse than CIBC). Among them, RBC, SCOTIA, and CIBC They all have outlets in Beijing.

If you want to bring it from China, you can use VISA or MASTER, but there are both handling fees and two currency exchanges when repaying the money at a state-owned commercial bank, which is very uneconomical. Since you are looking for a good deal, it is recommended to bring one or two thousand Canadian dollars in cash, then ask the school for the account information for wire transfer tuition, and directly purchase and wire transfer at the domestic Bank of China. In addition, you can open a personal bank account with the school (a new account requires a guarantee, so the school will guarantee it for you), and then your family will purchase foreign exchange and wire it to your personal account.

If international students want to apply for a credit card in Canada, they need to open a deposit account with their bank to purchase fixed-term products, and then the corresponding credit will be given. Otherwise, only past North American credit records will be recognized. If you deposit, for example, 1,500 Canadian dollars into a designated financial product, you will get a credit card with an overdraft limit of 1,500 Canadian dollars. RBC has a visa card called cash back. The grocery category has cash back of 1-2%, which is a great tool for buying groceries. There are slight differences among the major banks. You can get cash back on Baidu Canadian Credit Card.