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Bank Act

Version of section 511 from 2003-01-01 to 2008-05-18:

Marginal note:Exception re accessing accounts

 Nothing in paragraphs 510(1)(a) to (c) is to be construed as prohibiting a foreign bank or an entity associated with a foreign bank from entering into an arrangement with one or more Canadian financial institutions by which customers of the foreign bank or the entity who are natural persons not ordinarily resident in Canada may access in Canada their accounts located outside Canada through the use of automated banking machines located in Canada and operated by the Canadian financial institution or institutions.

  • 1991, c. 46, s. 511
  • 2001, c. 9, s. 132
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