Banking brands in Toronto

Local banking brands in Toronto, Canada you'll actually see on shelves and signage.

ICICI Bank Canada (Similar) — ICICI runs a full Canadian subsidiary. Existing customers can often open an account before flying and skip the FX markup.
Bank of China (Canada) (Similar) — BOC runs a full Canadian subsidiary with Toronto branches — existing customers can transfer and withdraw without the usual FX markup.
ICBC (Canada) (Similar) — ICBC also operates a licensed Canadian bank. UnionPay works at most Canadian ATMs, but Alipay and WeChat Pay are rarely accepted in shops.
Shinhan Bank Canada (Similar) — Shinhan runs a licensed Canadian subsidiary with Toronto branches — existing customers avoid the usual FX markup.
SBI Canada Bank (Similar) — SBI's Canadian arm has Toronto-area branches and handles India remittances at better rates than the big five banks.
RBC Royal Bank (Similar) — Canada's biggest bank. ATMs everywhere; decline the US-dollar conversion offer.
RBC (Royal Bank) (Similar) — Largest Canadian bank by assets. Branches everywhere downtown.
TD Canada Trust (Similar) — TD also operates in US east coast — likely your most familiar.
Scotiabank (Similar) — Part of the Global ATM Alliance, so BofA cards often avoid the usual fee.
RBC (Similar) — HSBC Canada absorbed by RBC in 2024 — UK cards fee-free at RBC.
BMO (Similar) — BMO acquired BNP US arm — partner-friendly for withdrawals.