For anyone in Nepal with a Canadian visa in their passport, the excitement is tangible. But between arranging flights and packing bags, a critical question arises: how do you manage your finances once you land? The traditional scramble to open a bank account upon arrival—juggling paperwork while trying to settle in—has long been a source of stress for new immigrants. MOU between Global IME Bank (Nepal) and ICICI Bank Canada eliminates this hurdle entirely.
Introducing a Smarter Way to Start: The ‘Hello Canada’ Program
ICICI Bank Canada’s ‘Hello Canada’ program is the core of this initiative. It is a bank that was established especially for new settlers and, through Global IME Bank, it is now available to Nepalis. This implies that you are able to open bank account in Canada with the help from Global IME Bank.
Here’s what it allows you to do:
Open Your Canadian Bank Account: Open a bank account with ICICI Bank Canada while you are still in Nepal. Your account number and details are available as soon as you want.
Transfer Your Initial Funds Securely: Send settlement funds to your own Canadian account. This gives you a clear proof of funds, immediate access and is also safe.
It is not only a matter of convenience. It is also a secure financial basis. No matter if you are a student who is getting ready for university, or a professional who has a work permit, this program is definitely for you as it keeps your money secure and gives you easy access.
A Bridge Between Two Banking Worlds
Global IME and its customers will be able to avail the facility of remittances effectively through this collaboration by creating awareness and highlighting the strong banking and remittance association between Canada and Nepal. The ‘Hello Canada’ program will assist in a seamless transition by allowing newcomers to set up essential banking services before their arrival in Canada.
Through the program, Nepali newcomers can open Canadian banking accounts online, remit funds, facilitate bill payments, issue cheques, and create term deposits, among other services. This MOU enhances the banking experience by offering tailored products and services that will benefit Nepalese individuals as they embark on new lives in Canada.
Such collaboration creates a monetary safety net. It provides a sense of security and management, thus changing the ambiguity of old banking methods with a transparent, reliable process. It enables you to concentrate on the things that are really important: establishing your new life in Canada.
Speaking on the occasion, Mr. Sriram H. Iyer, Head – International Banking Group, ICICI Bank said “Over the years, Canada has emerged as a preferred destination for international students and others immigrants. ICICI Bank Canada plays an important role for students to establish a banking foundation for a successful tenure in the country. ICICI Bank Canada provides a host of products and services beneficial to the newcomers for banking between their home country and Canada. We are excited to partner with Global IME Bank to support their clients with banking needs in Canada ahead of their journey and facilitate this foundation for immigrants from Nepal.”
For detailed information on the program and its conditions, you can get in touch with Global IME Bank or visit the official ICICI Bank Canada Newcomers page.