ScotiaMcLeod New Account Forms

Thank you for your interest in opening an account with ScotiaMcLeod.  As we offer the best investment account options available in Canada, our forms are a bit more detailed than you might find at other firms with fewer investment choices. Your co-operation in completing the information, will help us provide you better advice.  Please let us help you if you have any questions about setting up your account.

To open your ScotiaMcLeod account:

1. Print off and complete the appropriate forms:
   
   Group RRSP Account
   • Account Application - Review the appropriate pages of the 'Terms and Conditions' and if you have questions about filling out these forms, see the 'Application Form Instructions'.
   • Group Registered Plan Application - Print off and complete this form to have your account registered as a RSP with the Canada Revenue Agency (CRA). Before signing, please familiarize yourself with the 'Declaration of Trust and Addendum'.
   • Investment Instructions for Payroll Plans (CA62) or Pre-authorized Contribution (PAC) Form for Non-Payroll Plans (CA16) - Print off and complete the appropriate form to set up regular contributions and to instruct us how to invest them. If you are not choosing an investment at present, please indicate "Cash 100%" on the form.
   Group Spousal RRSP Account
   • To set up a spousal RRSP, use the same forms as above but make sure to put your spouse's name as the annuitant or account holder and your name as the spousal contributor.
   Group Non-registered Account (i.e. non-RRSP payroll savings plans)
   • Account Application - Review the appropriate pages of the 'Terms and Conditions' and if you have questions about filling out these forms, see the 'Application Form Instructions'.
   • Investment Instruction Form for non-RRSP Payroll Plans (CA54) - Print off and complete this form to advise us how to invest your payroll contributions to your non-RRSP account. If you are not choosing an investment at present, please indicate "Cash 100%" on the form.
   • Also, see identity requirements, below.
   Deferred Profit Sharing Plans (DPSPs)
   • See DPSP Forms
   Individual RRSP Account
   • Account Application - Review the appropriate pages of the 'Terms and Conditions' and if you have questions about filling out these forms, see the 'Application Form Instructions'.
   • Registered Plan Application - Print off and complete this form to have your account registered as a RSP with the Canada Revenue Agency (CRA). Before signing, please familiarize yourself with the 'Declaration of Trust and Addendum'.
   Individual Spousal RRSP Account
   • To set up a spousal RRSP, use the same forms as above but make sure to put the spouse that will be making the contributions as the spousal contributor and the other spouse as the annuitant or account holder.
   Individual Non-registered Account (i.e. Cash, margin or investment account)
   • Account Application - Review the appropriate pages of the 'Terms and Conditions' and if you have questions about filling out these forms, see the 'Application Form Instructions'.
   • Also, see identity requirements, below.
   Registered Education Savings Plan Accounts (RESPs)
   • See RESP Forms
      
2. For non-registered accounts, include a personal cheque & a copy of your ID according as outlined in the "New Identity Requirements", below.
    
3. Mail the FORM(S) & EVIDENCE to your ScotiaMcLeod Wealth Advisor.

If you have any questions about completing these forms, please contact your ScotiaMcLeod Wealth Advisor directly with any questions.

Click here if you don't have Adobe Acrobat Reader or can't download the above forms.

Please note that for company payroll plans, you should contact your payroll department to inform them of your intended contribution amount.

New Identity Requirements for Non-Registered Accounts

As of January 1st, 2001, in our capacity as a regulated financial institution we are compelled to obtain certain minimum documentation for new non-Registered accounts.  This is a result of new Canadian Money Laundering Legislation, as described by the IDA, the OSC requirements for us to "Know Your Client" and ScotiaMcLeod’s status as a "Qualified Intermediary" (a Canadian financial institution that has agreed to maintain certain client information for the purpose of appropriate tax treatment of US income for our investors).  The new requirements relate to "Evidence" of each client's identity and residency.   With each new account application we require for Evidence: 

#1) IMPORTANT: Please provide a photocopy of ONE of the following for each person related to the account (ie. both people on a joint account): 

• your valid drivers license (front and back)
• or your passport (signature / photo page)
• or citizenship card (front and back) 

#2) The second requirement is an (initial deposit) personal cheque for at least $1 payable to ScotiaMcLeod (which will of course be deposited to your account).  This second requirement is waived if you meet personally with a ScotiaMcLeod representative.

In summary, regulators are asking financial services firms to verify that a client wishing to open an non-Registered investment account is really who they say they are.  We recognize that this request of identity verification may seem onerous, however, to ensure the stability of our financial systems, we will comply fully with the regulations as set out to us.  If you would like to ensure that this information remains confidential, simply make the appropriate choice in box marked "Privacy and Disclosure of your Personal Information".

Again, we thank you for your co-operation and understanding.  If you have any questions about completing these forms, we would like to help. Please contact your ScotiaMcLeod Wealth Advisor directly with any questions.

The information contained on this website is for use by persons resident in Canada only.