How much can I withdraw if I'm less than 24 years old?
The maximum amount you can withdraw if you're less than 24 years old or older is $600. This includes withdrawals through ABMs. However, if you're under 19 years old, the maximum amount you can withdraw is $100, and you can only do this through a POS.
Do I need a chequing account in Canada?
Yes, you need a Chequing account in Canada. This type of account makes it easy for you to carry out your daily transactions. It also comes with lower transaction fees compared to savings accounts.
What document do I need to open a Vancity Chequing Account?
A government-issued identity card is the only document you need to open this account. This document helps the bank determine your eligibility to open an account.