Originally Posted by WiredGuy

I never had this issue before, but my bank is requesting that from now on I give a copy of my yearly financial statements to them. Now, I don't have any loans or debts to any banks, but I did recently get my credit card limit increased by 500%, which is their reasoning for asking such information. However, I also surrendered the same amount of my credit card as a security to the bank so to the banks eyes, there is 0 risk of me defaulting on my credit but they still want my financial staments.

I'm wondering if this typical of a Canadian bank to request. I don't like the idea of having these confidential documents floating around my bank.

WG