Coming to Canada

Starting a new life in Canada can be an exciting experience.

If you and your family are planning on coming to Canada permanently or for an extended period of time or if a family member will be a student coming to study in Canada, BMO Financial Group can provide you with a head start before you arrive.

We understand that there are many things you will need to do before you arrive in Canada, and we will strive to assist you to make your move as easy as possible.

For Newcomers to Canada

As Canada’s first bank, established in 1817, BMO Bank of Montreal is a highly diversified North American financial services organization. With branches all across the country, we provide a broad range of retail banking, business banking, wealth management and investment banking products and solutions to meet all of your financial needs. We have a long history of providing solutions to newcomers to Canada.

Welcome to Canada and BMO Products and Services:

Personal Finances

Accounts and Plans

At BMO Bank of Montreal we recognize that your financial needs, your goals and priorities are distinctly yours. Everyone uses their bank accounts in different ways. We offer convenient and flexible banking solutions to fit your needs with personal accounts to allow you to bank the way you want, do your everyday banking and save for something special or for the future.
Everyone is unique and has unique priorities. That’s why we offer a diverse range of accounts and Banking Plans that fit your banking needs. Only BMO Bank of Montreal offers multiple accounts under one Banking Plan.

Maximize your savings with an Everyday Banking Plan:

Have all your accounts including chequing, savings or joint covered under one Plan fee.

  • Bank for free, if you qualify.
  • Track all your accounts on one consolidated monthly statement.

For more details on any Banking Plan, including our Free Student Banking Plan, and to learn  which  plan is right for you, ask your BMO banker to review the different options available.

Borrowing

BMO Bank of Montreal has a variety of borrowing solutions that are designed to meet your needs today and tomorrow. You’ll benefit from competitive interest rates, flexible repayment terms and convenient access to the funds you borrow.

You may also build your credit history with a BMO MasterCard®*. To learn more about BMO MasterCard, contact us at 1 800 263-2263.

Mortgages

The purchase of a home is one of the largest investments you’ll make. From buying a home to paying it off as quickly as possible, we can help you find a financing solution that makes you feel comfortable whether your priority is security, flexibility, or a combination of both.

Our staff in China and Hong Kong can assist you start the process.
A BMO Bank of Montreal mortgage representative can provide advice on how to save funds for a down payment, help you choose your best mortgage option and even help you arrange for partial credit authorization prior to looking for a home – pre-arranged mortgage.

Investments

Whether you want to save for your retirement, a new home or a car, or plan for a child’s education, BMO Financial Group has the people that know how to help you find the tools to reach your goals.

Whether you are a beginner or an experienced investor, term investments, including Guaranteed Investment Certificates (GICs) and Term Deposits, can provide security and flexibility for your investment selection

Insurance

When you plan for the future, you imagine the best. But without insurance, an unexpected illness or job loss could force you to spend your hard-earned savings. You can help secure your financial well-being by having the right insurance to protect your financial future in the event of an unforeseen occurrence. 

BMO Bank of Montreal provides various types of insurance that fit with your specific financial situation and help protect your assets.

Business Banking

BMO Bank of Montreal understands what it takes for a business to be successful – drive, ability and vision. And we recognize that entrepreneurs put in much of themselves into their businesses. So we are constantly looking for opportunities to support them in reaching their goals.

Our Business Banking services include Bank Accounts and Plans, as well as Borrowing and Investment solutions. Our Business Planning Resources and Business Coach Series were created to help your business succeed.

We're available to help

Contact us now to speak with a BMO Bank Representative.

We're available to help

Open your bank account before you immigrate.

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