Financial support to newcomers in Canada available at a new bank location in Brampton

Newcomers hoping to build a better life in Canada can now get financial help from one of the country’s biggest banks.

The National Bank of Canada is offering major benefits to new immigrants that can help them save money, including no monthly fees for up to three years.

In addition to helping newcomers transition to Canada, the bank offers a wide variety of financial services and professional packages, which are each tailored to a specific profession in order to provide the most suitable benefits possible.

The bank is the sixth largest in Canada and operates hundreds of branches and automated banking machines across Ontario and the rest of the country – including four major branches in Brampton – to ensure residents always have a nearby and convenient option for their banking needs.

That includes their newest Brampton branch, open now at 10615 Creditview Rd.

Whether you’re a newcomer or already a Canadian resident, the National Bank goes beyond standard packages by offering profession-specific packages to better help clients working in a wide range of fields and careers.

The packages combine several of their most popular banking products and are personalized for working professionals in the following fields:

• Healthcare
• Engineering
• Information technology
• Public service
• Teaching
• Law
• Administration
• Finance
• Architecture
• Agriculture and fishing

Not only do these packages offer personalized services and banking advice, they also extend the same banking benefits to your spouse, and offer big savings on the bank’s most popular products and services.

To start benefiting from these offers, simply make an appointment, provide proof of employment, and then select the products and services that are right for you, with help from one of the bank’s friendly advisors who speak your native language.

Whether they’re coming as permanent newcomers, international students, or temporary workers, new immigrants are eligible for numerous benefits from the National Bank:

Bank account with no monthly fees: Newcomers who open an account with the National Bank get no fixed monthly fee for up to three years (saving them up to $574.20).

Mastercard with no credit history needed: New immigrants can get settled into Canada with their very own Mastercard credit card, so even without credit history they can make the purchases they need to build their new life.

International transfers: For those who need to send money to their loved ones back home, the National Bank allows for international transfers to a variety of countries. You can also visit one of their branches to make a wire transfer to almost any country in the world.

Free legal support from a lawyer: Canadian newcomers can get valuable legal advice on a variety of important topics – like housing, employment, education, and potential risks such as immigration fraud – by speaking directly to a lawyer, at no cost for 12 months.

Paper statements with no fee: For the first year after opening an account, newcomers can get their physical bank statements sent directly by mail for no cost (saving them $30).

Free order of cheques: Your very first order of cheques is completely free (saving $67).

These benefits have already helped many new immigrants settle into Canada – the National Bank of Canada was ranked the Best Bank for Newcomers to Canada in 2023 by MoneySense.

About 89% of the bank’s clients who are new to Canada say they recommend National Bank of Canada due to the distinguished service and valuable benefits they received.

The bank also ensures that newcomers speak with an actual person (rather than a machine) who will be able to answer all of their questions, and even provides services in the newcomer’s native language for added convenience.

“We’re extremely happy with our choice! We met with other banks, but National Bank was the one that best fit our needs,” said Sandeep, one of many newcomers who came to Canada in 2023.

The newcomer benefits are available to those who are still in their home country as well as those who have already arrived in Canada. Making an account is incredibly easy – simply open an account online to start receiving your benefits.

New immigrants can check the bank’s eligibility criteria for more info.

Even more help is available to newcomers via the bank’s Canadian immigration guide, a handy guide that lays out everything immigrants need to know when they come to the country, from managing your finances to working and studying in Canada.

For more info on everything offered by the National Bank, visit nbc.ca and follow the bank for the latest updates on LinkedIn, Facebook, X and Instagram.