Canada NewsWire
TORONTO, April 6, 2023
TORONTO, April 6, 2023 /CNW/ - BMO today announced it is enhancing and expanding its online NewStart® Pre-Arrival Account Opening program to help newcomers to Canada make real financial progress and easily transition to their new lives.
BMO's newly enhanced, industry leading pre-arrival account opening capability provides a seamless online experience for new Canadians. Starting today, NewStart® Pre-Arrival Account Opening will now be primarily automated, allowing online applicants in eligible jurisdictions to have their BMO Pre-Arrival bank account applications processed instantly.
In addition to program enhancements, BMO now enables applicants from 13 countries to open a bank account and an International Student GIC if eligible, before they arrive in Canada, making their financial transition easier and quicker. The program is now available to residents of several countries that are a part of the Government of Canada's Student Direct Stream accelerated student visa application process, including: Antigua and Barbuda, China, Colombia, Costa Rica, India, Morocco, Pakistan, Peru, Philippines, Senegal, Saint Vincent and the Grenadines, Trinidad and Tobago, and Vietnam.
"With the state-of-the-art enhancements to our BMO NewStart Pre-Arrival Account Opening feature, more newcomers to Canada will now be able to seamlessly set up a BMO account and get a head start on establishing their finances," said Sumit Sarkar, Head, Customer Growth, BMO. "By delivering seamless, online experiences, BMO is supporting new Canadians by providing accessible tools that will set them up for financial success and allow them to focus on making progress towards building their new lives."
"Recognizing the importance of banking beyond borders, we continually look for ways to meet customers where they are and deliver best-in-class digital experiences," said Gregory Brown, Head, North American Digital Product Management, Sales and Marketing, BMO. "By innovating the digital banking experience from the start, more newcomers will have access to the industry leading tools that will help them easily transition and establish themselves in Canada."
When a pre-arrival bank account has been successfully opened online, customers are permitted one wire transfer from their home country. Once the customer moves to Canada, they can visit a BMO branch to activate their account.
BMO Helps Newcomers to Canada Make Real Financial Progress
To learn more about how BMO can help customers make financial progress visit www.bmo.com/main/personal.
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.15 trillion as of January 31, 2023. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 12 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future and more inclusive society.
SOURCE BMO Financial Group
Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.