[can.general] Bank account and no SIN

msb@dciem.UUCP (Mark Brader) (11/27/86)

Chris Lewis (clewis@spectrix.UUCP):
> > Certainly, the banks are required to report interest, but this doesn't 
> > necessarily mean that you have to supply them with a SIN.  All they do
> > is give *you* the T5's and *you* send them off to Taxation. ...

John M. Sellens (jmsellens@watdragon.UUCP):
> The impression that this gives me is that Chris is not aware that the
> T5 [etc.] ... are multi-part forms ... [including] 1 that the issuer
> sends directly to the government.

John is right about the T5, but Chris is right about not needing a SIN.
Goodness, I had a bank account by the time I was 8 years old, but I didn't
get a SIN until I was 16 or 17.  And the rules haven't changed since then
to say that you do need a SIN to open an account.

I just called my bank and asked them.

Mark Brader