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:
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.
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 Savings accounts provide some interest on the money in your account, but it can be withdrawn at any time.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.
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.
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.
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.
Registered Trademark of The Bank of Nova Scotia.
- The Scotiabank StartRight Program, created for Canadian Landed Immigrants from 0–3 years in Canada, International Students and Foreign Workers. Visit https://startright.scotiabank.com to learn more.
- To qualify for the 1-Year No Monthly Account Fee Offer (the “Offer”), open a new Preferred Package account under the StartRight® Program (the “Account”). During the first 12 months, your monthly Account fee will be waived and will not appear as a charge on your Account. The Account must be open and in good standing at the time of the waiver. All applicable service charges on the Account will continue to be applied monthly. After the first 12 months, you will begin to see the monthly Account fee charged to your Account unless you maintain a minimum daily closing balance of $4,000, in which case the monthly Account fee will be waived per the Account terms and conditions. Employees of Scotiabank and individuals who are currently or were previously holders/joint holders of a Scotiabank chequing account within the last 2 years are not eligible for this Offer. This Offer is non-transferable and cannot be combined with any other offers except as otherwise permitted. Maximum one Offer per customer. All rates, fees, features and benefits are subject to change. Offer may be changed, cancelled, or extended at any time without notice.
- Subject to availability and signing the Safety Deposit Box lease. Upon activation, the lessor will receive a $60.00 fee waiver (value of a small safety deposit box) applied for the first year. Limit of one (1) first year waiver per client.
- Subject to credit approval. To be eligible, you must be a participant in the Scotiabank StartRight Program. To qualify for a credit card, you must be a resident of Canada and the age of majority in your province/territory where you live. Your approval for a credit card and the credit limit assigned will be determined based on Scotiabank’s credit criteria, including your verifiable income and credit history (If available). The credit limit amount of up to $5,000 under the Scotiabank StartRight Program is subject to change by Scotiabank from time to time without prior notice. A credit history in Canada is not required in order to be eligible for a credit card under the Scotiabank StartRight Program.