There are many banks in Canada that are very student friendly and end up giving perks to students so its better to do a through research before making a bank account in the following banks: Scotia bank, HSBC, BMO, RBC, TD, CIBC
Most students just require a checking account where you can deposit money and withdraw and also have the option of getting a credit card but only get a credit card if you can maintain a good credit score or else in the future it can be create problems. A savings account is opened to collect money for emergencies. its advisable to choose a bank which has an ATM on the university campus of your choice because if you withdraw money from any other ATM you are charged a certain amount so as a student you would like to save that money. Be wise and choose carefully.
one of the many prerequisites is to carry two pieces of identification. It could be your passport, LOA, travellers cheque, study permit. Select a bank/credit union, choose your account type(s) checking account, savings account, foreign currency account.Thereafter the bank gives you your debit card with a pin which you should not share with anyone and use anATM for withdrawal of money , deposits. you can also sign up for a cedit cad. Hope this helps you.