Canada · Comparison guides
Switching bank accounts in Canada
Compare the new account, then plan the move before closing the old one.
SwitchaBank · Guide sources checked
List recurring transactions
Review statements for direct deposits, automatic payments and outstanding cheques.
Confirm the new setup
Check account access and transfer arrangements. Update deposit and payment details with the relevant providers, and keep enough funds for pending payments.
Close only after checking
Confirm that recurring transactions have moved. Ask the old bank about closure steps and fees, and retain confirmation.
Put it into practice
Start with the Chequing table for everyday banking, then select accounts to compare. This checklist covers ordinary chequing and savings accounts; registered-plan transfers need separate checks with the provider.
Select products in the table or catalog, open your comparison, then check the bank’s latest terms. With two deposits selected, you can also try the calculator.
Sources · Official guidance in English
About these guides
Published by SwitchaBank, the comparison service on this site.
These guides use AI-assisted writing and translation, checked against the linked official sources. They have not received independent financial-expert review. They explain comparisons, not individual financial advice.
Bank names and product conditions stay in their source language. The guide date is separate from each product’s verification date.
Report a correction through site feedback, with the guide title and passage. Corrections are checked against the source; confirmed changes update the text and guide review date.