Welcome to Canada

Scotiabank is here to help Ukrainians in need.

We know that your journey from Ukraine to Canada has been difficult and we’ll do our best to help you feel better and support you in getting settled in your new life in this country.

As you start to understand how everything goes here, managing your finances will be at the top of your to-do list. We’ll help you get access to banking, credit, and savings to support you with navigating banking in Canada and financial literacy. You can be sure we have the right solutions and special advice for you.

What we can offer

With the Scotiabank StartRight® Program1 we can offer Ukrainian immigrants (i.e., new permanent residents, refugees, work permit holders, and visitor visa holders etc.) the following benefits:

Payment Deferral

No monthly account fee on the Preferred Package Chequing account for one year2. This represents a value of $203.40.

A chequing account helps you manage day-to-day expenses. It allows you to withdraw your money quickly and easily and helps you manage your day-to-day banking transactions.

Reimbursement

A MomentumPLUS Savings Account. So you can start working towards your savings goals.

A savings account is a good place to keep funds that are not required on a day-to-day basis. Savings accounts provide some interest on the money in your account, but it can be withdrawn at any time. No monthly account fees or minimum balance required.

Easier Access

Free small safety deposit box for a year3. This represents a value of $60.

A safety deposit box allows you to safeguard your valuables and provide comfort knowing your valuables are stored safely during your transition.

Easier Access

Credit cards specially-designed for newcomers4. So you can start building your credit.

Building a good Canadian credit history is important, and a credit card can help you do that. Depending on your situation, your credit limit will differ. Talk to your advisor to find out more.

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Call 1 (800) 472-6842 now to book an appointment with your closest branch and learn more. We’ll always be happy to help. You can also review the attached deck as guidance on financial literacy in Canada. Feel free to ask your financial advisor about any of these topics.