Opening your Canadian money account takes less than 10 minutes in most cases.
Step-by-Step Instructions
Step 1: Download the App
Download the My Beacon app from the Apple App Store or Google Play Store.
Step 2: Verify Your Email
Enter your email address and confirm it using the code sent to your inbox.
Step 3: Verify Your Phone Number
Enter your mobile number and confirm it using the SMS code.
Step 4: Start Your Money Account
Tap on Beacon Money and select Get Started.
Step 5: Complete Your Profile
Answer a few questions about:
Your name
Address Information
Employment Status
Step 6: Upload Your ID
Take clear photos of your government-issued ID.
Step 7: Take a Selfie
This helps us securely match your identity.
What Happens After You Apply?
Most accounts are verified within 5 minutes.
In some cases, additional checks may be required. If that happens, reviews are typically completed within a few hours. In rare cases, it may take longer depending on verification requirements.
You’ll receive a notification in the app once approved.
If you run into any issues, contact [email protected].