Read again what I wrote. They START with the PP+EB+WP+proof of stay and depending on the situation, they are prepared to scale down their requirement, though PP+long-term VISA+proof of stay is the minimum. And, it is understandable, they do ask for a EB with WP, since without WP, you will not be able to extend your visa, so no "stable" customer for the bank.ផោមក្លិនស្អុយ wrote: ↑Tue Nov 23, 2021 6:20 amYou speak with real confidence and authority, but much of what you write is not actually correct.v12 wrote: ↑Tue Nov 23, 2021 12:39 amAn ER would be enough, though they start with asking for PP+EB+Work permit. Maybe 6 months EB's, but 1 year EB's do need a WP, otherwise: Jail. And, the bank wants to know where you live (so not in a guesthouse and move abroad next week), so a rental agreement. Banks are held more and more accountable what is happening with the accounts of their customers.ផោមក្លិនស្អុយ wrote: ↑Mon Nov 22, 2021 3:37 pm....Unless things have changed very significantly you don't need all that documentation to open a bank account. Why would the bank care if you have a work permit...and I know several EB holders who don't need a WP.
I think I just needed passport with valid visa (I think there was a min remaining number of months requirement) and a letter from employer confirming my address.
But I guess there are reasons why people are using PayPal which a local account wouldn't address. Perhaps those who work online and get paid internationally?
And, this also varies by bank. Opening an account at Canadia, some 10 years ago, was much easier. Only PP+1 month Ordinary visa was enough. This may have changed.
When opening my ABA account, they initially persisted to the EB+WP. Showing them my ER, they got glassy eyes, not understanding your income, and where it does come from. I explained them, that as retired, you start with a big bag of money and when you die, the bag is empty. They got it and accepted my ER.