Become a Meridian Business Member
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.
Sole proprietorship
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Master Business Licence (not required if name of business is only the owner’s name, for example, John Member), or
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Professional Practice licence, if applicable and
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One piece of acceptable identification (see full list below)
Partnership
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One piece of acceptable identification (see full list below)
General Partnership
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Master Business Licence (not required if name of business is only the owners’ names, for example, John Member and Jane Member), or
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Professional Practice Licence, if applicable, and
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Partnership Agreement, if available
Limited Partnership
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Declaration of Limited Partnership and Partnership agreement
Limited Liability Partnership
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Master Business Licence and Partnership Agreement
Unincorporated association
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One piece of acceptable identification (see full list below)
Formal Structure
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Memorandum of Association or the Constitution disclosing names and titles of officers and signers
Informal Structure
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A document or a letter from the association who has the authority to open and operate the accounting
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Minutes from a Meeting
Corporation
All Corporations
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One piece of acceptable identification (see full list below)
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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
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Articles of Incorporation for any entity that directly or indirectly owns or controls 25% or more of the shares of the corporation
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Full legal name of Directors
Corporations/Not for Profit Corporations
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Certificate and Articles of Incorporation or Letters Patent, or Articles of Amalgamation (plus Amendments, if applicable)
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Master Business Licence (in the case of a corporation carrying on a business under a name other than its corporate name)
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Franchise Agreement, if applicable
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Canada Revenue Agency registration number (if soliciting donations from the public)
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Most recent filing with the business incorporating jurisdiction, listing the directors and trade name registration(s), if applicable (for corporations outside Canada)
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Name of Senior Managing Officer (Not for Profits)
Condominium Corporations
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Declaration under the Land Titles Act (condominium corporations), and
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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
Acceptable identification
- Driver’s License issued in Canada
- Canadian Passport
- Nexus Card
- Canadian Citizenship Card
- Canadian Permanent Resident Card
- Certificate of Indian Status
- Other Foreign Government-issued photo identification if it is equivalent to a Canadian Government issued photo identification