New Account Application Documents Required For Each Account Type

When opening varying account types, specific documentation is required based on the accounts being opened. The standard New Account Application documentation consists of a New Client Application Form (NCAF), Void Cheque, Identification Of Account Holders, EFT Forms (as required), Transfer Forms (as required), and Beneficiary Designation (as required).

Documents Applying To All Account Types:

• New Client Application Form (NCAF): this form is required for all New Account Applications where the accounts will be managed by a Portfolio Manager regardless of the account type.
• EFT Forms: this form sets up the electronic fund transfer for an account. For the majority of accounts and cases this form is needed, as without it no banking would be set up for the account. An EFT form is needed for each account where banking is being set up.  
• Transfer Forms: this sets up the transfer of investments to the new accounts being opened. If a client desires to transfer investments to the new accounts being opened, this form is required. One transfer form applies to one single transfer, this means multiple forms are needed if multiples transfers are desired.
• Beneficiary Designation Forms: if a client wishes to designate a beneficiary for the new accounts being opened other then the "Estate" this form is needed. If the client wishes to designate beneficiaries of multiple accounts, one form for each beneficiary designation is needed. 
• Identification Of Account Holders: valid, authentic, and current identification of the account holders are required to open a New Account
• Void Cheque: a valid, unaltered void cheque that matches the banking that is desired to be set up must be provided to set up banking for the account.

Additional Documents When Opening TFSA

• Tax-Free Savings Account Application Form: This form is required when opening either a CAD or USD TFSA account. 

Additional Documents When Opening RESP

• Self-Directed Education Savings Plan Application Form: this form is required and is to be completed by the subscriber(s) to open an RESP. 
• Canada Education Savings Grant (CESG) and Canada Learning Bond Application Form: this form is required for the RESP subscriber to apply for the CESG and CLB.
• Annex A - Additional Beneficiaries (Conditional): this form must be completed when there are more then 1 beneficiaries listed on an RESP account. 
• Annex B- Primary Caregiver and/or Custodial Parent/Legal Guardian (Conditional): the primary caregiver or their spouse and/or the custodial parent or legal guardian of the beneficiary of the RESP must complete an Annex B when they are not the subscriber.

Additional Documents When Opening RDSP

• Self-Directed Disability Savings Plan: this form is required when opening an RDSP account
• Canada Disability Savings Grant and/or Canada Disability Savings Bond Application Form: this form is used to apply for the Canada Disability Savings Grant and Savings Bond for the holder to open an RDSP and receive the desired grants and bonds. 
• Annex A - Joint Holder (Conditional): this form is required when a Joint RDSP is being set up. This form is to be completed for each joint holder of the RDSP that was NOT identified on the Canada Disability Savings Grants and/or Canada Disability Savings Bond Application form. 
• Annex B - Primary Caregiver: this form is required when an RDSP beneficiary is 18 years or younger at the time of the application or was 18 years or under during any part of the ten-year period prior to the application. 

Additional Documents When Opening FHSA

• First Home Savings Account Application Form: this application form is required when opening any First Home Savings Account.

Additional Documents When Opening LIRA

• Locked-In Retirement Account Addendum: when opening a LIRA, an addendum is required. Each province has a different addendum form and based of the provincial legislation the corresponding addendum needs to be chosen. 

Additional Documents When Opening Accounts With A Power Of Attorney 

• Individual With Authority Over The Account - Power Of Attorney Form: this form gathers information of the individual with authority over the account and is required if designating a POA.
• Identification of Power Of Attorney: valid, authentic, current identification of the designated Power Of Attorney is required when designating a Power Of Attorney. 
• Power Of Attorney Designation or Last Will and Testament: a Power of Attorney document or last will and testament showing that the account holder has designated the noted POA as the POA is required for a Power of Attorney to open an account. 

Additional Documents When Opening RRSP/Spousal RSP

• No additional documents are required when opening an RRSP account

Additional Documents When Opening RIF/Spousal RIF

• No additional documents are required when opening an RIF account.