How do I open a Beacon Money Account?
To open an account, you need to provide documents for:
Proof of Address
Identity Verification
Canadian Visa Status (for non-Canadian citizens or non-PR holders)
Tax ID (for non-Canadian tax residents)
What documents do I need to provide?
For Canadian Citizens:
Proof of Address:
Driver's license, or
Any accepted address document (see the list below).
Identity Verification:
Driver's license, or
Passport
For Canadian PR Holders:
Proof of Address:
Canadian driver's license, or
Any accepted address document (see the list below).
Identity Verification:
Canadian driver's license, or
Passport from the country of origin, or
PR Card
Canadian Visa Status:
If you are using a non-Canadian passport for identity verification, you need to provide your PR Card or the Confirmation of Permanent Residence (COPR).
For Non-Canadian Citizens/Non-PR Holders:
Proof of Address:
Canadian driver’s license, or
Any accepted address document (see the list below).
Identity Verification:
Passport from the country of origin, or
Canadian driver's license.
Canadian Visa Status:
Study permit/student visa,
Work permit,
Tourist visa, or
Confirmation of Permanent Residence (COPR).
Tax Residency (only required if you are not a tax resident of Canada):
Taxpayer ID number from the country where you are a tax resident
What documents are accepted for proof of address?
We accept the following documents, valid within the last 24 months:
Identity documents with address.
Bank statements.
Bank letters.
Mortgage payment or passbook.
Home phone, internet, or TV bills.
Water, electricity, or gas bills.
Other utility provider bills.
Letters or notifications from government agencies.
Certificate of voter registration.
Tax assessments.
Temporary registration sheets/affidavits/vehicle registration certificates.
Mobile communication statements and bills.
Rent bills from real estate agencies.
Documents from employers confirming the address or home purchase deeds.
We’re here to make this process as simple as possible. If you have any questions or need assistance, our friendly customer support team is always ready to help.