Call 1-800-769-2511
Most newcomers have one thing in common - questions.
Starting a new life in a new country is exciting and sometimes a bit overwhelming. We are here to help make it easier for you with the answers and advice to help you get started.
You are on: Welcome
Financial Advice, Banking Products and a Special Offer
The RBC Welcome to Canada Package is designed for newcomers like you. Whether you need a bank account, credit card, or are looking for advice on the right everyday banking solutions, we can help.
One of our most popular banking packages for newcomers is the RBC Welcome to Canada Package which features product and services at a special rate, and includes:
- All-inclusive RBC Signature No Limit Banking® account(1)
- Credit card offer
- Free rental of a small safe deposit box(2) for one year
- Preferred rate on non-redeemable GIC(3)
- Free copy of "Understanding Banking in Canada" – an RBC Advice Guidebook
Depending on your banking needs, you could save up to $310(4) a year by switching to the RBC Signature No Limit Banking account.
You are on: Advice Guidebook
A Free Guidebook with your RBC Welcome to Canada Package
As you settle into your new life, you may find you have lots of questions.
That's why we've created the RBC Royal Bank® Advice
Guidebook called "Understanding Banking in Canada", designed for newcomers.
It's full of useful information to help you become financially established
so you can create the future you want for yourself and your family,
such as:
- Getting settled in Canada
- Building a foundation – financial security for today
- Planning for your future – financial security for tomorrow
Here is a taste of the valuable advice you will find in our exclusive Advice Guidebook.
Understanding Credit
To borrow money in Canada, you first need to establish a Canadian credit history – proof to potential lenders that you can be relied upon to pay your bills and make repayments on time.
A credit history is a list of facts, gathered from financial institutions, retailers and other lenders, about how you have handled debt in the past. In Canada, there are three central credit agencies that track this information and develop a profile of your Canadian creditworthiness, called your credit rating.
How to Get your Free Copy
Simply book an appointment at any RBC branch to take advantage of the RBC Welcome to Canada package and this exclusive advice guidebook is yours free!
You are on: Why RBC?
Strength You Can Trust
Seven generations of support for newcomers
Royal Bank of Canada has been supporting new immigrants for seven generations helping them get settled and become established in Canada. During that time, we have developed a deep understanding of their needs and priorities and have introduced a number of language services to make newcomers feel at home.
Royal Bank of Canada is Canada’s largest(5) bank with:
- Recognition as one of the top 10 "World’s Safest Banks"(6) in 2009 by Global Finance Magazine.
- A strong international presence, with branches around the world and clients in more than 150 countries.
- The most branches in Canada and over 2,500 ATMs across the country.
- Service available by phone in more than 150 languages, to ensure you get the guidance and advice you need in your choice of language
- Recognition as one of Canada’s Best Diversity Employers in 2009 by Mediacorp Canada Inc.
- More small business clients than any other financial institution in Canada(7).
More Trusted Advisors(8)
RBC has more trusted advisors than any other financial institution in Canada, including mortgage specialists and investment retirement planners who speak several languages.
You are on: Tips
Tips
We have put together some tips to help you obtain the right advice and financial tools for each stage of your life in Canada.
| Get Settled | Ask Us About… |
|---|---|
| Open a Canadian bank account to ensure easy access to funds | RBC Welcome to Canada Package |
| Establish a Canadian credit rating to help you qualify to borrow in the future for purchases like a car or house | A secured RBC Royal Bank Visa credit card |
| Make sure your valuables and documents are secure. | An RBC safe deposit box |
| Become Established | Ask Us About… |
|---|---|
| Start saving for retirement today | A Registered Retirement Savings Plan (RRSP) |
| Review your budget and credit needs | A financial plan developed with an RBC advisor |
| Build your future | Ask Us About… |
|---|---|
| Review your budget each year | Meet with your RBC advisor to discuss your changing financial needs |
| Review your insurance needs | Keep your insurance coverage up-to-date |
| Start your own business | Meet with an RBC small business advisor |
Contact Us
- For service in over 150 languages: 1-800-769-2511
- For dedicated service in Mandarin & Cantonese:
1-888-769-2598 - Visit a branch
- Call us collect at
1-506-864-2275 from outside North America
Starting a business in Canada?
We can help with the right financial advice to help you succeed.
2 Where available. Offer available for one year.
3 This offer may be withdrawn at any time; interest rates are subject to change without notice.
4 Savings are based on a comparison that is current as of June 30, 2009 and was developed using information from competitor's public websites. Products and offers being compared are those currently being targeted to the new Canadian/immigrant market and compare Year 1 costs and savings. Annual savings are calculated based on a comparison of the cost of banking service fees for a typical account holder with an RBC Signature No Limit account vs. a banking product being promoted specifically to this market segment by a competitor. For this calculation, the following assumptions were made regarding the use of services by a typical account holder: 30 debit transactions per month, 3 Interac ATM withdrawals per month, use of Overdraft Protection 6 times per year, 2 Interac email money transfers per month, 3 money orders or drafts, sending 1 international remittance per month, use of a small safe deposit box, 1 personal cheque order annually and $1500 CDN traveler's cheques purchased annually.
5 As measured by market capitalization and assets.
6 Global Finance magazine, February 25, 2009.
7 In January 2009, RBC has recorded the largest market share of small business owner clients than reported by the main financial institutions in Canada.
8 As of April 2009, RBC Royal Bank has a total of 1,188 mortgage specialists; 630 mobile financial planners (investment retirement planners); 1,200 financial planners and 200 licensed mutual funds agents available by phone.
