November 10th, 2012 by Questions
Can a bank block me from opening an account? The company I work for asked me to open an account at cibc. I had declared bankruptcy and had loans at cibc which were part of the bankruptcy.
Posted from: British Columbia
One Response to “Direct deposit”
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November 10, 2012 at 4:53 pm, A licensed trustee said:
Yes they can – banking is a privlidge, not a right. As a business the bank has the right to accept or refuse any customer.
Having said that, it is illegal for your employer to tell you that you have to deal with a specific bank, but you need to speak to a labour expert about that…