December 26, 2017
Here's some previous discussion around this topic: https://www.highinterestsavings.ca/forum/motusbank/motus-bank-available-in-quebec/
My understanding was that they couldn't solicit Quebec customers, but that a Quebec resident could technically still open a chequing or savings account. Perhaps that has changed?
April 9, 2013
You're probably right about that & I suspect that some of the less sophisticated FI's, more specifically CU's, either can't or don't make that distinction, therefore, don't train their frontline staff to adequately answer such queries - which I believe was also the case with Tandia CU, under another heading. They told me rather unconvincingly that their services were NOT available outside Ontario, but as I stated in the other post, I prefer to not engage with an FI that is unfamiliar with their own affairs.
April 6, 2013
Some provinces take a dim view of a CU from another province accepting deposits from their residents without being registered in the province to do so. In 2010, provincial regulators in Saskatchewan and Nova Scotia issued cease-and-desist orders against Sunova CU in Manitoba for accepting deposits from Saskatchewan and Nova Scotia residents through its Hubert Financial banner.
I remember from the early days of PC Financial that Quebec residents had to visit a pavilion outside of Quebec province to open an account.
It looked like PC Financial could continue to serve clients who moved to Quebec. But, people could not become a client while in Quebec.