If you are a freelancer, international student or a tourist traveling to the UK , chances are- you might need a simple means to convert, hold and manage foreign currencies like the Canadian Dollars(CAD). 

Opening a CAD account with traditional banks in the UK, isn't exactly a walk in the park. You'll be subjected to long verification processes, limited options and unnecessarily complicated systems.

 OhentPay accounts are a great alternative. OhentPay allows you to open a virtual CAD account in the UK and you’ll get Canadian dollar details to safely receive funds. You can hold them in your wallet, convert them to GBP or other currencies whenever you want, at competitive exchange rates and with no hidden fees.

How to open a CAD Account in the UK - with Ohentpay 

1. Download the Ohentpay app from the Apple app store or Google Play
2. Follow the prompts to sign up and verify your identity - we might require a valid ID and a selfie!
3. You'll need to add a new currency in CAD  on your dashboard. Select CAD on this page

4. Fund your wallet in your current/preferred currency
5. Convert to CAD, hold your funds or transfer in minutes as you wish!

Run a global business without a Canadian bank account.

Looking for an easier way to receive Canadian Dollars (CAD) in the UK as a freelancer, entrepreneur, or business owner?

With OhentPay’s multi-currency wallet, you can receive money in your local currency, then convert it to CAD at competitive rates, right within the app

You can also:

• Hold and manage multiple currencies (including CAD, GBP, EUR, USD) from one dashboard.
• Use OhentPay’s exchange rate calculator to know how much you’ll receive before converting.
• Easily send Canadian Dollars to business partners or suppliers in Canada.
• Low fees, fast delivery, and transparent currency conversion.

Secure a dedicated CAD wallet in minutes.

Unlike banks that require multiple forms and weeks of processing, OhentPay allows you to create a digital CAD wallet in minutes.  With your OhentPay CAD wallet, you can:

• Convert from your local currency to CAD with low fees.
• Store CAD securely in your app-based wallet.
• Send CAD directly to Canadian recipients , it's fast, safe, and compliant.
• Switch between multiple currencies as needed, including GBP, EUR, and NGN.

FAQS

Which Canadian banks allow non-resident accounts?

Several Canadian banks allow non-residents to open accounts, including:

Bank of Montreal (BMO)

Bank of Nova Scotia (Scotiabank)

Canadian Imperial Bank of Commerce (CIBC)

National Bank of Canada

Royal Bank of Canada (RBC)

TD Canada Trust (Toronto-Dominion Bank)

However, the process is often lengthy, requires multiple documents, and sometimes an in-person visit.

If you're looking for a faster and more flexible alternative for receiving, sending, or holding Canadian Dollars (CAD), OhentPay lets you open a CAD wallet in minutes.

Do any Canadian banks have branches in the UK?

Yes. For example, the Royal Bank of Canada (RBC) has a registered branch in London at 100 Bishopsgate, offering private banking and wealth services.

Unfortunately, these branches don’t always cater to general retail banking or everyday transfers.

If you need to send or receive CAD in the UK, using a branch isn’t always practical. OhentPay gives you a faster option with CAD, GBP, NGN, and USD wallets, so you can manage your money with ease.