Entrepreneurship & Small Business

Which bank opens a chequing account without creditcheck

  • Last Updated:
  • Nov 14th, 2020 11:44 pm
[OP]
Member
Sep 13, 2016
206 posts
164 upvotes

Which bank opens a chequing account without creditcheck

I would like to open a secondary small business/personal account without going through another credit check. It will act more like a saving acount/emergency fund account without any need of overdraft or credit products. with fewer than 1-5 transactions a month.
2 replies
Newbie
Jul 16, 2020
21 posts
21 upvotes
I don't believe RBC requires a credit check when opening a business account.
At least I don't recall one being performed when I opened one 4-5 years ago.
I did however have 2 mortgages, personal chequing account and a TFSA with them -- maybe they went with an internet credit check.
Sr. Member
Dec 17, 2009
657 posts
553 upvotes
Toronto
If you open a second personal account at your existing bank, probably they can waive the credit check.

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