Sign up ×
Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. It's 100% free, no registration required.

I went to my Credit Union yesterday and I asked them if they offer a checking and/or saving account in Canadian Dollars. Unfortunately, they don't offer such account.

Where can I open one? Is it possible?


share|improve this question
Where are you located? I know of several banks that offer this, but they operate in only parts of the country. – Matthew Read Jan 9 '11 at 21:36
Matt: Washington State – Martin Jan 9 '11 at 23:26
Note that besides a CAD-denominated savings account, you might also be able to buy Canadian money-market funds with USD from a brokerage (or with CAD; I know E*Trade offers access to Canadian exchanges from their global-trading account, and I assume there's some money-market funds you can get there. Of course, you'll have to pay a small markup on the currency exchange for that.) They're not exactly the same and are a hair riskier (you can, theoretically, lose a small portion of your money in a big crisis) but they should have similar performance characteristics. – fennec Jan 15 '11 at 22:45

4 Answers 4

up vote 6 down vote accepted

I'd look into HSBC. They operate in Washington as well as across the border in BC. If you can't open a CAD account locally, they can help you open and manage one in Canada from the US. It may or may not require having a small business account instead of a personal account.

If you can make the trip to BC yourself, I'd recommend opening an account with TD. They are apparently the only Canadian bank that will allow non-residents/citizens to open an account. The customer service is great and they have a good online banking site that should allow you to manage it from the US.

share|improve this answer

Give Harris Bank a call; they might be able to help you

As of August 21, 2015, Harris bank does NOT offer Canadian dollar accounts in the U.S.

share|improve this answer
To add to Michael's answer: Harris Bank is owned by a large Canadian bank, Bank of Montreal (BMO). – Chris W. Rea Jan 10 '11 at 14:24
It's Midwest-based with no branches in Washington. – Matthew Read Jan 12 '11 at 17:39

Everbank has offered accounts in foreign currencies for a while.

Takes a while to get it setup; and moving cash in and out is via wire transfer. Also you need to park $5K in USD in a money market account; which you use as a transfer point.

share|improve this answer

Royal Bank in Canada can open an account for you in the US through RBC (the US affiliate to Royal Bank of Canada) I think it's called RBC Access USA.

share|improve this answer

Your Answer


By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.