Landing in Canada soon? Things you need to know.
Before you arrive into Canada here’s a few things you need to know and do.
Banking & Finance
Open a Bank Account Before Arriving in Canada
You can open a bank account before you arrive in Canada. And a bank account is important because when you land in Canada, immigration officials will require proof of funds. So with a bank account, you can easily prove that you have available funds. Canadian banks are...
Transferring finances and handling valuables when coming to Canada
One of the first things you should consider when packing up to come to Canada is how to transfer finances such as your cash and your other investments. 6 options to consider to transfer valuables 1. Open a bank account before you land in Canada. There are many...
Building Credit History in Canada
Your healthy Canadian credit score is essential to purchase both small and large ticket items. Learn more about why your credit score is important and how to build and grow your credit worthy score.
Learn the Basics of Banking in Canada
While it can be fun to think about our dreams for the future, especially when moving to a new country, it’s also wise to keep in mind the practical, day-to-day considerations about money. This is particularly important for newcomers to Canada who face questions such...
5 Mistakes Newcomers Make With Credit Cards
A credit card can be helpful when you arrive in Canada. You'll need to apply to get a card with a credit limit. The limit won't be high because your credit credit profile will still be thin. Until the banks get to know you a little better you will probably start with...
Personal Banking in Canada
Scotiabank is Canada’s most international bank, with operations in more than 55 countries (including India). We have been servicing customers for 180 years. Our 75,000 employees worldwide speak a wide range of languages. In Canada, Scotiabank has over 1,000 branches...
Banking In Canada
Money and Credit
Q: I’ve recently come to Canada and I’ve been trying to obtain credit, but I’m finding it’s difficult as a newcomer. What advice do you have? A: As a new immigrant, there are some basic steps you can take to begin the process of building your credit history. First,...
First steps to big dreams in Canada
Thinking ahead pays off. It’s a good idea to think about your big dreams right away, because the sooner you start planning and saving, the faster you can achieve them. In the case of home ownership, you may not be able to afford to buy a home right away. However, you...