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Differences between Canadian banks and Chinese banks:

  • Personal cheques:
    You can deposit or withdraw a cheque at a Canadian bank, but personal cheques are not used in Chinese banks.

  • Joint accounts:
    In Canada, you can link your account with a family member’s for convenient money transfers. This option is not available in Chinese banks.

  • Phone transfers:
    In Canada, you can request a bank transfer over the phone if they verify your identity. I consider this a risky option, and it is not allowed in China.

  • Bank apps:
    Canadian banking apps crash all the time!

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