Banking in Canada, Watch this Before You Open a Bank Account in Canada |Newcomer Finance Series

Having left my banking job, I have started sharing more about newcomer finance on my TH-cam channel. I share everything I’ve learnt about banking, money and finances in Canada both as an immigrant and as a former banking professional with five years experience at one of Canada’s largest banks.
In this video, I share some of the critical things to note as you open your first bank account in Canada.
I’m sure you’ll find value in this video/series.
Enjoy!
#finance #newcomer #canadaimmigration #banking
#tdbank #rbc #cibc #scotiabank #bmo
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[@victorbamidele9349]

Please do a video on credit cards especially for New immigrants, the best option(s)
Waiting for it before i apply for one.
I have already opened a bank account with one of the big banks you mentioned.
Thanks for always ❤❤

[@___OmerAJ___]

Thanks for the explanations

[@ashishnaithani2863]

Explained very clearly, Feyi !

[@isaacsakpoba9616]

Thank you Feyi Mac... Please do a video on credits cards, ratings and scores.

[@FeyiMac]

Will do!

[@ayobamimac]

Very important. The shock can be crazy

[@FeyiMac]

Thank you

[@staceyugah3342]

Great tips Feyi. U are looking amazing!!!. Thank u so much for educating us. Love love love the topic. Pls do the credit card one too for us. U are blessed & highly favoured.

[@favourilobi2532]

Please do a video of credit card

[@FeyiMac]

👍👍

[@deplaymaker1]

Sounds almost the same as my country. Very good info

[@FeyiMac]

Thank you

[@nkiruokoli1398]

400th liker here. lol. thanks for the insight.

[@Tracey-Nichole]

Very informative video. Really appreciate it. Yes, I’m interested in the credit card video.

[@margaretadebayo8470]

Very useful information. Thank you.

[@FeyiMac]

It’s my pleasure!

[@raymondagali4601]

Nice research what, keep it up.
Please can I open Scotiabank account while in Nigeria.

[@LifestylewithJadesola]

Very informative!

[@FeyiMac]

Thanks Jade!

[@mojigreat9608]

Thanks for the great info👍

[@jennifernalubwama8883]

Which bank do you recommend for a new comer to open an account with for saving account and current account

[@ayodeletemitopejulius]

Please do videos on credit card,
And is it possible to open bank accounts even before entering Canada 🇨🇦?

[@FeyiMac]

It is possible to open a bank account before landing but the banks that have this option do not offer it for Nigeria.

[@ayodeletemitopejulius]

@@FeyiMac thanks for the explanation, I just wish there would be accounts Nigerian, can open before entry, I'm thinking of GIC investment

[@temitopeseye-ajala9765]

Please do video on credit cards and building credit ratings

[@dianadelphonso4810]

Please do a video on credit cards and credit scores.

[@FeyiMac]

Will do!

[@ofonimeekong8788]

Nice and informative. Pleasw which one is best for an international student considering all factors?

[@DailyDDD]

Very helpful. Can you make any suggestions for a new immigrant pls?

[@FeyiMac]

More videos coming!

[@oginnite]

I am a newcomer and i really need your honest view about credit card.

[@benedictaanene2504]

Thanks so much.

[@FeyiMac]

You’re welcome!

[@anshul567]

Hello, the banks charge $0.5 to $1 on every interac transaction but that $1 is shown as a separate transaction in the statement. Do you think they do it deliberately to increase the number of total transactions to make more money.

[@favourilobi2532]

I'm first to comment😅
I want a high interest saving account

[@FeyiMac]

We all want high interest 🤣🤣

[@kiabuineric3095]

Can an international student open a bank account? What is the best strategy b4 PR

[@FeyiMac]

Yes, you can open bank accounts as a student. Students get free banking and can avoid fees if they use the accounts right, more videos on this

[@giftruke865]

Hi feyi hope u are doing great??? Quick one pls can I use my IELTS UKVI general for canada immigration. Thanks while I awaits your response

[@StephaneChouapi]

Gréât ❤

[@FeyiMac]

🙏🏾

[@kiabuineric3095]

Which bank is the best for international student in Nova Scotia??

[@FeyiMac]

I like RBC for international students because they offer unsecured credit cards along with student accounts unlike some of the other banks.

[@owolabiololade1167]

@@FeyiMac can a student bank with more than one bank?

[@andrelynmeneses8213]

@@FeyiMachow about for open work permit worker new in Canada?

[@owolabiololade1167]

can i move money from my checking account to my savings account?

[@FeyiMac]

Yes, you can do that online, over the phone and at a branch. Lots of ways to transfer easily.

[@funmilayoolukanni3338]

Very informative.
Please do a video on credit cards.
Thanks.

[@FeyiMac]

Sure, will do.

[@Infobydavid]

Which of these banks is advisable for students?

[@ReshmiManohar]

Madam for fixed deposit accounts, can I make some one as my nominee and if yes, can I make someone living outside of canada as nominee? Eg my parents sibling back in homecountry.

[@owolabiololade1167]

Is it adviceable to have more than one bank account as a student?

[@FeyiMac]

Sure, there’s no limitation to that. Use the banks that work best for you

[@cathyannpatrick6236]

How can I get a job at a bank as an International student?

[@BDShepon]

❤❤❤

[@FeyiMac]

🙏🏾

[@cozyglobal3687]

Do it

[@KevinBlackKBlack2595]

I’m sorry but here in North America, maybe not in her country everything she is saying is pretty much common sense or something you can look up and figure out it’s not exactly rocket science

[@Tina-bb4hz]

Not for a new immigrant who is coming from a different banking system and is overwhelmed by settling in.

[@housemthembu9695]

Hi is the a bank called futurnat.plc bank in Canada?