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Banking support for newcomers from Ukraine

Open a Performance Chequing Account with the BMO NewStart® Program and enjoy no monthly fee banking for two years footnote star . Plus, you can enjoy many other benefits for credit cards, overseas money transfers and more to make your transition easier.

No monthly fee banking for a year footnote *69

Save $240 footnote *69 in monthly fees when you get unlimited chequing with the Performance chequing account and a small safety deposit box free for one year footnote *63.

Learn more

Open a Performance chequing account and enjoy the following:

Up to $1,450 in value!

Performance

Chequing Account

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  • Earn a $100** Walmart Canada eGift card when you meet the qualifying criteria. Review full offer details.

  • Save $430 with no monthly fee for two years

  • Get $60 cash bonus with rental of a safety deposit box*63

  • Earn $700 when you meet the qualifying criteria. View full offer details.

  • Family members in your household get no fee daily banking with BMO Family Bundle*90

  • Send unlimited BMO Global Money Transfers with no fee*96

  • Get a $60 cash bonus1 when you place an order for cheques

  • Earn a 4.75% promo interest rate2 for up to 120 days when you add a Savings Amplifier Account and receive an estimated value of $1563 in total interest

Up to $1,450 in value!

Enjoy more offers from BMO

BMO CashBack® Mastercard

The no annual fee8 credit card that helps you start building your Canadian credit history.

B M O cashback no-fee personal Mastercard

No fee wire transfers to Ukraine footnote ‡‡

We waive the fee for wire transfers from your BMO account to bank accounts in Ukraine.

Special pricing on Loans, Lines of Credit and Home Financing

Discounted interest rates for qualifying customers.
Download program summary Українською мовою

Chequing account offer FAQs

    There are two main types of banking accounts in Canada — chequing accounts and savings accounts.
    A chequing account is used for daily transactions. A transaction is anything from buying a coffee to paying a bill to depositing money to sending a worldwide transfer.
    A savings account is used for saving your money while maintaining easy access to it. Savings accounts sometimes have higher interest rates than chequing accounts, which means you earn more money on the money you’ve saved.

    Ready to get started?

    Visit us

    Drop by your nearest branch to chat about your financial future in Canada.