Scotiabank announced on November 6th, 2009 its new partnership with China Everbright Bank (CEB); CEB is a leading financial institution in China that provides immigrants and international students moving to Canada with the ability to open a Canadian bank account with Scotiabank while in China.
Under this agreement, China immigrants and international students that plan to move to Canada, are given the ability to open an account with Scotiabank, through any of the 119 CEB outlets in 33 cities across China.
Once in China, customers can visit any Scotiabank branch across Canada and activate their accounts, obtain a Visa card, and enjoy the benefits of the Scotiabank StartRight Program, which is Scotiabank’s convenient banking package designed for newcomers to Canada.
Through the partnership with CEB, Scotiabank gives newcomers a head start before their arrival by providing them with the ability to establish a relationship with a bank, allowing them to have some stability in the midst of their change of location.
Moving to another country is a big decision for any individual, and with this new agreement between Scotiabank and CEB, Chinese immigrants and international students are able to have a head start in establishing their banking experience or this big move.
With the launch of the CEB-Scotiabank partnership, it further expands CEB’s reach in the financial services market for immigrants and international students going to Canada.