TD business account requirements

Direct answer: can a 2727 address be used for a TD business account?

TD does not publish a general rule saying that it accepts 2727 Coworking, coworking addresses, virtual offices, private mailboxes or business-address service agreements for every account. TD does publish a detailed opening checklist. For a corporation or partnership, it asks for “confirmation of business address” and gives a utility bill or property-tax bill as its examples. A signed 2727 service agreement is neither of those documents. It can show a real commercial service relationship and a right to receive business mail at 2727 Rue Saint-Patrick, but only TD can decide whether that evidence satisfies the field it is reviewing. [1]

The safest answer is therefore conditional: use a 2727 address only for a role it truthfully performs, keep the address consistent with the company’s current records where appropriate, and obtain TD’s confirmation of the acceptable document before buying the service specifically for an account application. Do not present the agreement as a utility bill, a property-tax bill, a residential lease or evidence that daily operations occur at 2727 when they do not.

TD also draws an important channel distinction. Its current small-business page says that it does not offer online account opening, while a TD Business Banking Specialist can help complete the opening process remotely by phone. The same page invites applicants to schedule a virtual meeting. That is stronger language than a simple “request a callback,” but it is not a published guarantee that every ownership structure, foreign identity document, country of residence or risk profile will be approved without an in-person or additional verification step. [1] [2]

This is independent research by 2727 Coworking, not an endorsement by or partnership with TD, and not legal, tax, immigration or banking advice. TD decides each application. For the service scope itself, see the Canadian business-address guide, document specimen and plans.

TD’s published opening route: remote by phone, not an online application

The phrase “digital account” can be misleading during onboarding. TD’s Business Digital Account is designed for customers who prefer self-serve banking through the TD app, EasyWeb or a TD ATM after the account exists. The product name does not mean that the account is opened through a fully online form.

TD describes the process in three steps: collect the documents that apply to the business structure, choose an account, and book an appointment with a Small Business Banking Specialist. It labels that appointment a virtual meeting. In its FAQ on the same page, TD says it currently has no option to open a business account online and says its specialists can help complete the account-opening process remotely by phone. [1]

The last row is a common source of error. TD’s newcomer page says a newcomer can bank online, by phone, through the app or at a branch. In context, those are banking channels and support options, not a promise that a person who still lives abroad can open a business account through any one of them. The page is aimed at newcomers looking to start a business in Canada and encourages specialist support. [4]

The public pages leave one practical question unresolved. TD asks each signing authority for original, valid government-issued photo identification, yet it also says the opening can be completed remotely by phone. The pages reviewed do not explain the capture technology, eligible jurisdictions, document-country rules or circumstances in which a branch visit replaces remote verification. Ask the specialist how TD will inspect each signer’s original document in your case. [1]

Structure-specific document matrix

TD’s checklist changes materially with legal form. “I have a Canadian company” is not enough detail. State whether the applicant is a sole proprietorship, partnership, corporation or association, identify the jurisdiction of registration or incorporation, and disclose every owner, director and proposed signing authority.

This matrix paraphrases TD’s current public list; it is a preparation baseline, not a promise that the list is exhaustive. TD can request more information as part of identity, fraud, tax, sanctions, anti-money-laundering or internal risk review. [1]

Sole proprietorship: the person and business remain closely connected

TD lists a Certificate of Business Registration, a trade-name registration where applicable, and original valid government-issued photo identification for a sole proprietor. It also displays an alternative route using one document from each of two categories, but the captured public page did not expose the category details reliably enough to reproduce them here. Confirm the live list with the specialist rather than guessing. [1]

The absence of a separate “confirmation of business address” bullet in TD’s sole-proprietor section should not be turned into a blanket exemption. A bank still identifies its customer and keeps account information. More importantly, Québec’s enterprise register treats the domicile of a natural person operating a sole proprietorship as that person’s home address. The same register can show a professional address, but defines it as the natural person’s principal place of work or business. Those are different roles. [15]

A 2727 agreement does not prove where the proprietor lives. If the subscription is for business correspondence, describe it as a mailing or business service. If the proprietor genuinely works at 2727 under a workspace plan, document the actual use accurately. Never move the proprietor’s residential address to 2727 merely to make the application appear Canadian.

Ask TD four separate questions for a sole proprietorship:

1. Does the registration certificate need to be current or recently issued?
2. If the proprietor operates only under their legal name, what registration record does TD expect?
3. Which original identity document can TD review remotely for the proprietor’s country of issuance?
4. Does TD require separate proof for residence, mailing and the actual place of business?

Corporation: prepare four layers, not one incorporation certificate

For a corporation, TD publishes a much broader file. It lists Articles of Incorporation, a Certificate of Business Registration, trade-name registration when applicable, director information for every director, full ownership information, confirmation of business address and original valid photo identification for each signing authority. It also asks for a CRA registration business number where an organization solicits donations from the public. [1]

Organize the corporation file in four layers:

This layering reflects more than TD’s checklist. Federal anti-money-laundering rules require prescribed records around account holders, authorized persons, a corporation’s power-to-bind provisions and the intended use of the account. The federal entity-verification rule refers to incorporation or other current records containing the corporation’s name, address and directors. [8] [10]

Partnership: the agreement must support the account mandate

TD lists the Partnership Agreement first. It then asks for a Certificate of Business Registration where applicable, trade-name registration where applicable, full partnership or ownership information, confirmation of business address and detailed information for every signing authority. TD’s list calls for each signer’s name, address and occupation, including the employer’s name and address, plus original valid government-issued photo identification. [1]

The partnership agreement should be internally consistent with the proposed bank mandate. Check who the partners are, whether a corporate partner must act through an authorized individual, who may bind the partnership, whether two signatures are required, and whether any amendment changed those powers. A registration extract naming the partnership does not replace the agreement when TD expressly lists both.

The federal regulation treats entities other than corporations separately. It permits verification by a partnership agreement, articles of association or the most recent other record that confirms the entity’s existence and contains its name and address; the record must be authentic, valid and current. That regulatory rule helps explain why freshness and address consistency matter, but it does not dictate which specific document TD will accept in an individual file. [11]

For a Québec partnership, the enterprise-register domicile is generally the principal establishment, not merely a correspondence label. If 2727 only receives mail, do not describe it as the partnership’s principal establishment without facts supporting that role. [15]

Owners, directors and signing authorities are different roles

These labels often overlap in a one-person company, but they are not synonyms:

FINTRAC defines beneficial owners as natural persons who directly or indirectly own or control at least 25% of a corporation or another entity such as a partnership. Its current guidance says financial institutions must obtain all corporate directors’ names and the names and addresses of people meeting that 25% threshold; for other entities, it calls for the names and addresses of people who meet the threshold. It also requires reasonable measures to confirm accuracy. [5]

The account authority should be equally precise. Federal recordkeeping rules refer to signature cards, persons authorized to give instructions, the corporation’s official power-to-bind provisions and the intended use of the account. Prepare a board resolution or partnership authorization if needed, and ensure it agrees with the articles, by-laws and agreement. [7] [8]

What “confirmation of business address” does and does not establish

TD’s wording is specific enough to require caution but not complete enough to answer every scenario. For corporations and partnerships, it calls for confirmation of business address and gives a utility bill or property-tax bill. It does not say on the reviewed page whether those are the only acceptable documents, how recent they must be, whether the bill must be in the exact legal name, or whether a signed commercial service agreement can substitute. [1]

Before sending a document, identify the address role:

CRA’s own address taxonomy illustrates why a label cannot be moved from one system to another without checking its meaning. CRA says a physical business address is where day-to-day activities take place; a mailing address may differ; and a separate books-and-records address must be supplied when applicable. CRA’s rule is for CRA records, not a TD document policy, but it prevents the dangerous assumption that mail receipt proves physical operations. [12]

Québec’s registry also assigns different meanings by legal form. It describes a legal person’s domicile as its head office, a sole proprietor’s domicile as the person’s home address, and a partnership’s domicile as its principal establishment. It separately defines elected domicile, a natural person’s professional address and establishments. [15]

Neither CRA nor Québec tells TD to accept a 2727 agreement. Their definitions are used here to keep the application truthful and internally consistent.

What a 2727 agreement can support

An active 2727 Coworking business-address subscription can document:

• the subscriber’s contractual relationship with 2727;
• the civic address at 2727 Rue Saint-Patrick in Montréal;
• the private mailbox or business-mail arrangement stated in the plan;
• the legal or trade name shown in the signed agreement;
• the start date and service term;
• mail receipt and any plan-specific scanning or handling services.

Depending on the selected service and genuine use, 2727 may also provide workspace access. The agreement should describe the service actually purchased. It should not be stretched into a conventional lease, utility account, tax bill, proof of residential occupancy, bank approval letter or certification of where management and daily operations occur.

If TD asks for a utility or property-tax bill, tell the specialist exactly what 2727 can provide: a signed commercial service agreement tied to a staffed civic location, with the customer’s name, mailbox designation and service term. Ask whether TD accepts that document for the business-address field. If the answer is no, do not rename or alter the agreement. Ask which alternative TD will accept and decide whether the subscription still serves the company’s mailing, registry or workspace needs.

Foreign owners and non-residents: four separate questions

“Can a non-resident open a TD business account?” hides at least four decisions:

1. Can the person legally own the applicant entity?
2. Is the entity properly registered and current in its jurisdiction and, when required, in Québec or Canada?
3. Can TD verify every required person and entity using documents and methods it accepts?
4. Will TD approve the customer, activity, countries, tax profile and expected transactions under its policies?

The reviewed TD pages do not publish a universal yes or no for foreign owners. TD’s newcomer material concerns people starting businesses in Canada and offers specialist support; it does not define eligibility for an owner who remains abroad. [4]

The federal identity rules allow a reporting entity to use an authentic, valid and current photo-identification document issued by a foreign government when it is equivalent to a Canadian document. FINTRAC’s guidance describes government photo ID, credit-file, dual-process, affiliate/member and reliance methods. Those rules provide permitted compliance methods; they do not compel TD to accept any particular foreign passport through any particular remote channel. [6] [9]

CRA provides an online non-resident business-registration route for businesses incorporated or located outside Canada, people whose SIN begins with 0 and people without a SIN. That route can produce a business number and selected program accounts. A CRA registration is not a bank-account approval and does not answer TD’s identity, country, activity or address questions. [13] [14]

Québec likewise has rules for entities constituted elsewhere. A foreign legal person carrying on activity in Québec generally has a registration deadline, and an enterprise with no domicile, business address or establishment in Québec may need a mandatary. The province also requires key information to agree with the originating registry. These are registry obligations, not TD eligibility promises. [16]

Before spending money or booking travel, give TD a single written fact pattern: entity type and jurisdiction; all direct and indirect owners with percentages and residence countries; directors; proposed signers and their locations; ID type and issuing country; business activities; expected payment countries and currencies; Canadian registration status; and the exact address evidence available. Ask TD to confirm the next step for that fact pattern.

Phone or branch preparation: a practical sequence

1. Freeze the legal facts

Download current registry records and compare the legal name, trade name, entity number, incorporation date, jurisdiction, status, directors and addresses with the articles and agreements. Québec generally requires registered enterprises to file a current update within 30 days of a change. Do not wait for the TD call to discover an obsolete address. [17]

2. Draw the control chart

List every direct owner, percentage and voting arrangement. For each entity owner, repeat the exercise until natural persons appear. Mark every person at or above 25%, plus anyone with control by another mechanism. Keep documentary support beside the chart. [5]

3. Decide who will operate the account

Name every signing authority and write the signing rule: any one signer, two jointly, thresholds or other limits. Prepare the resolution or partnership authorization supporting that rule. Do not assume that an owner, director or officer automatically has the requested account authority. [8]

4. Build separate identity packets

For each signer, prepare the original government photo ID TD has confirmed, plus current residence and occupation information. For directors and partnership signers, include employer name and address where TD’s list requests it. If a person is abroad, confirm the issuing country, language, transliteration, expiry date and remote-review method before the appointment. [1]

5. Label every address by role

Create a one-page address schedule with columns for entity domicile or registered office, mailing address, actual operating locations, books and records, and each person’s residence. Add the supporting document and expiry or issue date for each. Do not put 2727 into every row merely to make the document look consistent.

6. Explain the business and account use

Prepare two or three plain-language sentences covering products or services, customers, suppliers, revenue model, countries, currencies, monthly inbound and outbound volumes, cash use, wires and source of opening funds. Financial entities keep a record of intended account use, so a vague answer such as “consulting” predictably leads to follow-up questions. [7] [8]

7. Ask for a document-level confirmation

Send the exact document name, issuer, holder name, address shown and date. For 2727, call it a signed business-address or coworking service agreement, not a lease or utility bill. Ask the specialist to confirm whether it is acceptable and whether a registry extract, addressed bank correspondence or other supporting item is also needed.

8. Record the answer and its scope

Write down the date, channel, specialist and wording. An answer for one corporation, account type or address role is not a permanent TD policy for every applicant. Reconfirm if the structure, signers, address, ownership or timing changes.

Exact questions to ask TD

Use questions that force the field, document and participant to be identified:

1. “Is our legal structure eligible for the remote-by-phone opening process described on TD’s small-business page?”
2. “Does each owner, director or signing authority need to participate, and by which channel?”
3. “How will TD review each signing authority’s original photo identification remotely?”
4. “Which foreign-issued identification is accepted for a signer resident in [country]?”
5. “Are certified translations, notarization or apostilles required for any document?”
6. “For our corporation or partnership, what does TD mean by confirmation of business address?”
7. “Will TD accept a signed coworking business-address service agreement for that field?”
8. “If not, which alternatives to a utility or property-tax bill are accepted?”
9. “Must the proof show the exact legal name, or can it show a registered trade name?”
10. “Does TD separately need an operating-location address, mailing address or books-and-records address?”
11. “What residence proof is needed for each owner, director and signer?”
12. “Which ownership percentages and indirect-control documents should we provide?”
13. “What resolution or agreement proves who can bind the entity and operate the account?”
14. “Can every remaining step be completed while the participants stay in their current countries?”
15. “Is a branch visit or presentation of originals still possible after the phone appointment?”
16. “How current must each registry extract, address document and certificate be?”

Common mismatch and failure modes

Application checklist

Use this after TD confirms the route.

• Legal name, trade name, jurisdiction, entity number and status agree across records.
• The correct TD structure list has been selected: sole proprietor, corporation, partnership or association.
• Articles, registration certificate and trade-name record are current and legible.
• The partnership agreement or corporate authority records support the proposed signers.
• Every director is listed with the information TD requests.
• The ownership chart reaches natural persons and percentages total 100%.
• Indirect control, nominees, trusts and voting arrangements are disclosed.
• Every signing authority is listed separately from ownership and directorship.
• The signing rule is documented.
• Each signer has the original, valid ID confirmed by TD.
• Foreign-document language, certification and remote-review requirements are confirmed.
• Each person’s residence address is supported separately.
• Entity domicile, mailing, operations, books and records, and service addresses are labelled.
• The business-address document category is confirmed with TD.
• A 2727 agreement is described as a service agreement, never as a utility or tax bill.
• Registry and application address formatting agree where they are supposed to agree.
• The business activity and intended account use are written in plain language.
• Expected countries, currencies, volumes, wires and cash activity are summarized.
• The source of opening funds is documented.
• Every participant knows the appointment time and channel.
• TD has confirmed whether any branch or original-document follow-up remains.
• No scan, name, address or date has been edited to manufacture consistency.

Research method, verification date and source limitations

Research and verification were completed on 20 August 2026. RankStudio Exa semantic search was used to discover TD’s current Canadian small-business pages. Known official URLs were then batch-read with Exa. Every external factual claim retained in this guide was checked against an official TD, FINTRAC, Department of Justice, CRA or Gouvernement du Québec page. U.S. TD Bank results, law-firm articles, affiliate sites, forums and competitor summaries were excluded as evidence.

The evidence has important limits:

• TD’s structure-specific list is embedded across several product pages rather than issued as a visibly dated, standalone onboarding checklist.
• TD expressly says specialists can complete opening remotely by phone, but the reviewed pages do not explain how every original ID is inspected or when a branch step may still occur.
• TD does not publish a universal foreign-owner or non-resident eligibility rule on the pages reviewed.
• TD does not publish a country-by-country list of accepted foreign identity documents for this business-account route.
• TD gives utility and property-tax bills as business-address evidence for corporations and partnerships, but the page does not state whether the examples are exhaustive or whether a coworking service agreement is an accepted substitute.
• No reviewed TD source names or approves 2727 Coworking.
• TD’s newcomer page is aimed at newcomers starting a Canadian business; it cannot be generalized to every owner who remains abroad.
• FINTRAC guidance and federal regulations describe the compliance framework, not TD’s complete internal risk policy.
• CRA and Québec sources define fields in their own systems; they do not dictate TD’s document decision.
• Product terms, processes and review standards can change without notice. Reconfirm immediately before applying.

The supporting TD evidence ledger is maintained in the site repository with exact search queries, source URLs, short captured quotations and explicit negative findings. The public guide presents the usable conclusions without implying access to TD’s private underwriting or compliance rules.

Frequently asked questions

Does TD accept a 2727 Coworking address for a business account?

TD’s public pages do not give a blanket answer. For corporations and partnerships, TD publishes confirmation of business address and gives utility or property-tax bills. Ask whether TD accepts a signed 2727 business-address service agreement for the exact field in your application. 2727 cannot guarantee TD’s decision. [1]

Can I open a TD business account online?

TD currently says it does not offer online opening for these small-business accounts. It says a TD Business Banking Specialist can help complete the opening process remotely by phone. “Business Digital Account” describes how the account can be used, not a self-serve online application. [1]

Does TD guarantee that a non-resident can complete opening remotely?

No such blanket guarantee appears in the reviewed pages. TD’s remote-by-phone statement is explicit, but foreign-owner eligibility, accepted IDs and any follow-up step remain case-specific. Give TD the complete ownership, residence and document facts before relying on remote completion.

What does a corporation need for a TD business account?

TD lists articles, a business-registration certificate, trade-name registration if applicable, director information, full ownership structure, business-address confirmation and original valid government photo ID for each signing authority. Public-donation organizations also have a CRA-number item. TD may request more. [1]

What does a partnership need?

TD lists the partnership agreement, registration certificate if applicable, trade-name registration if applicable, full partnership or ownership information, business-address confirmation and detailed identity and occupation information for each signing authority. [1]

Does a sole proprietor need separate business-address proof?

TD’s published sole-proprietor list does not contain the separate confirmation line shown for corporations and partnerships. That does not prove TD will never ask for address evidence. In Québec, the proprietor’s registry domicile is the person’s home address, so a business-mail agreement cannot replace residential proof. [15]

Will TD accept a foreign passport?

Federal rules permit an equivalent foreign-government photo ID as one identity-verification method, but TD’s reviewed business page does not publish a country-specific acceptance list. Ask TD to confirm the document, issuing country and remote inspection method. [6] [9]

Does every signing authority need identification?

TD’s corporation, partnership and association lists ask for original valid government-issued photo identification for every signing authority. The partnership list also asks for each signer’s address and occupation, including employer name and address. Confirm the remote review method before the meeting. [1]

Is the owner the same as the signing authority?

Not necessarily. Ownership concerns economic interest and control; signing authority concerns who may instruct the bank. A director or officer may occupy either, both or neither role depending on the records. TD asks for full ownership information and separately identifies each signing authority.

Can I use 2727 as the operating address if I only receive mail there?

No. Mail receipt does not establish daily operations. CRA distinguishes physical, mailing and books-and-records addresses, while Québec assigns specific meanings to domicile, professional address and establishment. Describe actual use accurately. [12] [15]

What should I do if TD rejects the 2727 agreement?

Ask for the exact address role and acceptable document category in writing. Do not alter or relabel the agreement. If the subscription was purchased for that verification, send the written response promptly through the case-check form below so 2727 can review what the plan and agreement actually cover.

References

1. TD Canada Trust — Business Digital Account and opening requirements
2. TD Canada Trust — Small Business Bank Accounts
3. TD Canada Trust — Business registration and legal structures
4. TD Canada Trust — Small Business Banking for Newcomers
5. FINTRAC — Beneficial ownership requirements
6. FINTRAC — Methods to verify the identity of persons and entities
7. FINTRAC — Recordkeeping requirements for financial entities
8. Department of Justice — Proceeds of Crime Regulations, section 12
9. Department of Justice — Proceeds of Crime Regulations, section 105
10. Department of Justice — Proceeds of Crime Regulations, section 109
11. Department of Justice — Proceeds of Crime Regulations, section 112
12. Canada Revenue Agency — Change a business address
13. Canada Revenue Agency — Register as a non-resident doing business in Canada
14. Canada Revenue Agency — Business registration with the CRA
15. Gouvernement du Québec — Description of enterprise-register information
16. Gouvernement du Québec — Register a legal person not constituted in Québec
17. Gouvernement du Québec — Current update declaration