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At Meridian, we’re always available and ready to help you simplify your business banking. And that means making the process easy, quick and effective. Here are all of the types of acceptable documentation and ID you'll need to bring to one of our branches to open a business account.

  • Master Business Licence (not required if name of business is only the owner’s name, for example, John Member), or
  • Professional Practice licence, if applicable and
  • Two pieces of acceptable identification (see full list at right)
  • Two pieces of acceptable identification (see full list below)
 

General Partnership

  • Master Business Licence (not required if name of business is only the owners’ names, for example, John Member and Jane Member), or
  • Professional Practice Licence, if applicable, and
  • Partnership Agreement, if available
 

Limited Partnership

  • Declaration of Limited Partnership and Partnership agreement
 

Limited Liability Partnership

  • Master Business Licence and Partnership Agreement
  • Two pieces of acceptable identification (see full list below)
 

Formal Structure

  • Memorandum of Association or the Constitution disclosing names and titles of officers and signers
 

Informal Structure

  • A document or a letter from the association who has the authority to open and operate the accounting
  • Minutes from a Meeting

All Corporations

  • Two pieces of acceptable identification (see full list at right)
  • Full legal name and residential address for beneficial owners who directly or indirectly own or control 25% or more of the shares of the corporation
  • Articles of Incorporation for any entity that directly or indirectly owns or controls 25% or more of the shares of the corporation
  • Full legal name of Directors
 

Corporations/Not for Profit Corporations

  • Certificate and Articles of Incorporation or Letters Patent, or Articles of Amalgamation (plus Amendments, if applicable)
  • Master Business Licence (in the case of a corporation carrying on a business under a name other than its corporate name)
  • Franchise Agreement, if applicable
  • Canada Revenue Agency registration number (if soliciting donations from the public)
  • Most recent filing with the business incorporating jurisdiction, listing the directors and trade name registration(s), if applicable (for corporations outside Canada)
  • Name of Senior Managing Officer (Not for Profits)
 

Condominium Corporations

  • Declaration under the Land Titles Act (condominium corporations), and
  • Excerpt from the condominium corporation’s agreement with the property management firm that shows the firm has been appointed to do the banking (condominium corporations)

Acceptable Types of Identification

  • All ID must be valid and cannot be expired
  • All ID presented must be original, photocopied ID is not acceptable
  • 2 pieces from Part A, or 1 piece from Part A and 1 piece from Part B
  • Acceptable foreign ID must: be as above and equivalent to Part A only, and at least 1 piece must bear the person’s photo

Most commonly used:

Part A

  • Birth Certificate issued in Canada
  • Canadian Passport
  • Ontario Photo Card
  • Certificate of Canadian Citizenship or Certificate of Naturalization (paper document or laminated card, but not a commemorative issue)
  • Driver’s Licence issued in Canada
  • Permanent Resident (PR) Card or Citizenship and Immigration Canada Form IMM 1000, IMM 1442
  • Nexus Card

Part B

  • Debit card issued by a member of the Canadian Payment Association bearing the individual’s name and signature
  • Credit card issued by a member of the Canadian Payment Association bearing the individual’s name and signature