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Newcomers to Canada

 

BMO's NewStart™ program offers special rates for new Canadians, including free banking. As Canada's oldest bank, BMO has the history and resources to help you, as a newcomer to Canada, start a successful new life here.

Welcome to Canada
Mother and daughter smiling

Welcome to Canada

 

We have what you need to help you get started, get settled, and prepare for your future.

 

Why Choose BMO?

 

  • Free banking for your first year with our Performance Plan
  • Banking, investment, and wealth management for more than 12 million customers
  • 900 Canadian branches, a large U.S. branch network, offices in China and around the world.

 

Moving to Canada
Happy people packing boxes

Moving to Canada

 

Want your money waiting for you when you arrive in Canada?
You can make one (1) international wire transfer into your new BMO account. These funds will be held for 12 months. You can open a Canadian bank account at any BMO branch or by completing and mailing five completed forms.

 

Complete forms to open a BMO NewStart™ account by mail
Open an account from Hong Kong or China at a BMO Asia branch
Use our branch locator to find Canadian locations that speak your native language.

 

Landed Immigrant
Immigrant family

Landed Immigrant

 

You are eligible for the NewStart™ program if you are a landed immigrant who has arrived in Canada within the last five years.

 

Why Choose BMO?

 

  • Banking, investment, and wealth management for more than 12 million customers
  • More than 900 branches
  • Large U.S. branch network, offices in China, and around the world
  • ID you'll need to bring

 

Foreign Worker
Smiling man on the phone

Foreign Worker

 

You are eligible for the NewStart™ program if you are a foreign worker who has arrived in Canada within the last five years.

 

Why Choose BMO?

 

  • Banking, investment, and wealth management for more than 12 million customers
  • More than 900 branches
  • Large U.S. branch network, offices in China, and around the world
  • ID you'll need to bring

 

International Student
Couple using tablet

International Student

 

Free Student Banking and more!

 

BMO is the only bank in Canada to offer free banking during school and for 12 months after graduation.

 

Learn how students can enjoy free student banking, get a FREE SPC®†† Card for discounts at hundreds of Canadian retailers, open a credit card, and more!

 




Award-Winning Wealth Management

 

Experience our award-winning online self-directed investing service or allow us to develop and implement a customized wealth management plan for you.

 

View awards and get started

 

Global Private Banking Awards 2015
Best Wealth Management Canada 2015

 

 


 

 

What we offer

FREE Banking for One Year

 

For saving, depositing, withdrawing money and paying bills. Plus, get a free small safety deposit box.

 

Compare plans

 

Find your bank account

Credit Cards1

 

Get cash back, AIR MILES, earn rewards, shop and build your credit history.

 

Compare Cards

 

Credit Card Basics

 

Credit Card FAQs

Starting a Small Business

 

We have the expertise, resources and tools you need to start and run a successful business.

 

Get started

Buying a Home

 

Get a mortgage that works for you! We’ll guide you step-by-step through the process.

 

Check rates and calculators

Loans & Lines of Credit

 

Get a loan or line of credit for essential items like vehicles and furniture – which you can borrow from at any time.

 

Check out your options

Saving for My Child’s Education

 

Save for your child’s college and university education with a Registered Education Savings Plan (RESP).

 

Get started


Products you’ll like

 

 

Free Chequing account

 

Receive our Performance Plan free for 12 months if you have moved to Canada within the last 5 years.

 

Get started

BMO InvestorLine

 

Invest in your future with our Award-winning online self-directed investing service.

 

We offer account management features in Chinese.

 

Get started



 

Have Questions?

 

™ Trade-mark of Bank of Montreal.

 

®†† Trade-mark/registered trade-mark of Student Price Card Ltd.

 

1 Please note, in some cases, approval for a credit card may require a deposit or other collateral worth the full amount of the credit limit.