offer accounts with no monthly fees for a year or more, and no-fee global money transfers for periods of time. Most banks also offer new immigrants
Part of what makes this client segment so competitive is that there is a small window of opportunity in which to make an impression. About 77 per cent of newcomers have family or friends in Canada before they arrive, according to a study by SRG, which means word of mouth is vital. A small percentage open accounts before they land in Canada, and 65 per cent have accounts open within one week of arrival, rising to 88 per cent within one month.
The challenge, often, is making the process as easy as possible for new customers once they arrive in the country. A survey of immigrants by SRG found that 17 per cent of respondents had difficulty opening bank accounts soon after coming to Canada.
like fanny and freddy preying on vulnerable african american and hispanics in the 00s
Governments help Immigrants too.
Sociopathic levels of immigration destroying Canada.
Of course they are. They have been lobbying for this for years. The banks own the politicians.
globebusiness