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KimM View Drop Down
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Joined: 02/June/2004
Location: Canada
Points: 148 		Post Options Post Options   Thanks (0) Thanks(0)   Quote KimM Quote  Post ReplyReply Direct Link To This Post Topic: Opening new bank account
    Posted: 07/April/2014 at 1:25pm
Okay, cost of living is going up but my paycheque remains the same so I am looking at ways of cutting back. Under scrutiny at the moment are bank fees. Currently I pay about $25 per month at TD and I am looking at PCFinancial (CIBC) no fee banking. Question: if I have RBC student loans from the 95-2001 era does RBC/CIBC have any kind of agreement such that RBC would be allowed to take my paycheque from my proposed CIBC account? An answer would be appreciated. Thanks

BTW: ARO has phoned me 19 times in three weeks at my work. I don't answer and I haven't filed an income tax return in 3 years. Am I bad. Rather than be a victim I refuse to acknowledge. Anyone want to talk about the real issues, bring it on.
Nehemiah 5:7 Then I consulted with myself, and I rebuked the nobles, and the rulers, and said unto them, Ye exact usury, every one of his brother. And I set a great assembly against them.

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SolveStudentDebt View Drop Down
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Joined: 05/November/2003
Location: Canada
Points: 5980 		Post Options Post Options   Thanks (0) Thanks(0)   Quote SolveStudentDebt Quote  Post ReplyReply Direct Link To This Post Posted: 08/April/2014 at 12:04pm
No. They only way they could do that is to sue and obtain an execution order and serve it on the bank that holds your account.  RBC can only arbitrarily take money from a RBC account in your name.

Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

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KimM View Drop Down
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Joined: 02/June/2004
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Points: 148 		Post Options Post Options   Thanks (0) Thanks(0)   Quote KimM Quote  Post ReplyReply Direct Link To This Post Posted: 10/April/2014 at 12:43am
Thank-you Johnny.
Nehemiah 5:7 Then I consulted with myself, and I rebuked the nobles, and the rulers, and said unto them, Ye exact usury, every one of his brother. And I set a great assembly against them.

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