Banking System in CANADA || New Immigrants

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  • Опубликовано: 17 ноя 2024

Комментарии • 155

  • @dileepnaidu5562
    @dileepnaidu5562 5 лет назад +9

    Hi guys.
    Very very informative, i came across ur channel by chance last week. Ever since then, gotta hooked to it. Great. God bless u both and wish u good luck.

  • @mkaur8607
    @mkaur8607 4 года назад

    Bank accounts very well explained and full of information about credit cards and its usage
    👍🏻👍🏻

  • @snehalshenz7174
    @snehalshenz7174 5 лет назад +1

    Thank you so much guys...this was super detailed information which not many are really providing on this platform...good job👍

  • @poojadey6358
    @poojadey6358 5 лет назад +1

    I really like the way you explain very clear and no nonsense. Keep it up. I would like to meet you guys. I am a new immigrant staying in West Toronto.

  • @maxiedias8532
    @maxiedias8532 5 лет назад +6

    Hi,
    Your information,on what ever i have seen is fantastic, be it apartments,banking,cash carry, and so on,you'll are too good. And thanks for sharing so much of info,I visit Toronto every year or 2 years,hope to come across you at Costco or Wallmart, which i visit often.

  • @Nameissruthi
    @Nameissruthi 5 лет назад

    These guy's are amazing, few days back i requested them to make video on canada bank systems. But, it was their in video's already. Tq alot... U both r really superb. Helping us alot. Tips and info u Sharing are super cool and useful. I am following almost 15- 20 canada bloggers, but none have doing video with this much information.. A big thumbs up and i just hit the bell icon, coz I Don't wana miss any video 😍

  • @joelisrael3222
    @joelisrael3222 5 лет назад +1

    Very informative guys. This is really very helpful and very important information. Thank you for sharing your experience and for letting us know the process. God bless you’ll.

  • @adithyashyam4617
    @adithyashyam4617 4 года назад

    Damn crisp and useful video. Thank you both

  • @bolamabx
    @bolamabx 3 года назад

    Thanks for sharing. The video was very educating.

  • @asmahkhan8046
    @asmahkhan8046 5 лет назад

    Amazzzzzing🙂🙂
    Just saw it,,, Very much helpful.

  • @yogyatasoodan738
    @yogyatasoodan738 5 лет назад

    WOWWW....that was am amazing video with lots of information that I needed... keep it up guys👍👍

    • @sivanyarragudi
      @sivanyarragudi 5 лет назад

      Please make a video about your previous job in India and present job in canada

  • @sweetmayurak
    @sweetmayurak 5 лет назад

    Happy women's day Gagan. May God bless you with lots of happiness & success 🎂🍫

  • @talalkhan8962
    @talalkhan8962 5 лет назад

    This was very helpful. Thank you for giving a detailed analysis.

  • @madlookzvfx
    @madlookzvfx 4 года назад

    How's HSBC from your point of view? Anyways one of the best detailed video without any masala

  • @anoopmathew9389
    @anoopmathew9389 5 лет назад

    Very useful video..informative & helpful...

    • @elizabethmicheal8217
      @elizabethmicheal8217 5 лет назад

      Got a bank wire payment of $10,000 from hackisrealablegod101 in google search ,into my Wells Fargo bank account which we shared 60-40 with no upfront charges or sending money to anyone before the transaction

    • @kinneyashley1280
      @kinneyashley1280 5 лет назад

      Hangout? Got him

    • @jayceonraeshetia5347
      @jayceonraeshetia5347 5 лет назад

      Ok

  • @pallabbiswas5246
    @pallabbiswas5246 4 года назад

    Very informative nice video. Which bank is good for new comer ?

    • @CanadianDreams
      @CanadianDreams  4 года назад +1

      All of them are good. Go with the one that offers max benefits and credir card limit

    • @pallabbiswas5246
      @pallabbiswas5246 4 года назад

      @@CanadianDreams Thank you.

  • @rkyogi24
    @rkyogi24 5 лет назад

    so informative thanks guy you're doing great things.

  • @henrylamai4223
    @henrylamai4223 5 лет назад

    Great video guys very informative. A subscriber from Nigeria

  • @letsimplify3752
    @letsimplify3752 5 лет назад

    Really informative. Would be helpful if you could make a video on insurance while landing in canada

  • @siddharthsharma5444
    @siddharthsharma5444 4 года назад

    Satsriakal ji. May we get a video on how to find out basements or any rental space for new immigrants. Plz make some video on that

  • @arundhawan6724
    @arundhawan6724 5 лет назад

    Thanks for sharing the overview of Canada banking system - liked it, loved it - stay blessed.

    • @gustavokeegan961
      @gustavokeegan961 3 года назад

      I realize it's kinda randomly asking but does anybody know of a good place to stream newly released tv shows online ?

    • @emmettbo234
      @emmettbo234 3 года назад

      @Gustavo Keegan Flixportal xD

    • @gustavokeegan961
      @gustavokeegan961 3 года назад

      @Emmett Bo thank you, signed up and it seems like a nice service :) Appreciate it !

    • @emmettbo234
      @emmettbo234 3 года назад

      @Gustavo Keegan No problem xD

  • @karthikavarma8970
    @karthikavarma8970 5 лет назад

    Excellent video 👍 very professional

  • @sabalrajsingh9917
    @sabalrajsingh9917 5 лет назад

    ur videos are really informative ....keep posting such videos..

  • @sanjeevdogra5606
    @sanjeevdogra5606 5 лет назад

    It has been really very helpful. Thanks!!

  • @BrightStarC
    @BrightStarC Год назад

    @4:14 guys did you tell "free of cost"? Is it really free? Then why CIBC is charging me?

  • @omeransari8583
    @omeransari8583 5 лет назад

    Great job guys , thankyou so much for advise.

  • @denzelheden4256
    @denzelheden4256 5 лет назад +1

    Canadian Dreams, once we have opened an account while we still in India, how much is the required amount or what is the maximum amount we have to deposit?...and if we don't deposit all the money in this new Canadian Bank Account while in India, what is the process of sending the remaining money from India to Canada once we reach Canada?....,..

    • @CanadianDreams
      @CanadianDreams  5 лет назад +1

      Amounta depends on the scheme you get from the bank. You can get wire transfer done from India to Canada

    • @denzelheden4256
      @denzelheden4256 5 лет назад

      @@CanadianDreams thanks

  • @jayavarghese351
    @jayavarghese351 4 года назад

    Thank you
    Excellent money info
    Wanted to check if 70 percent of 100dollar spent using ur C card and in 21days u pay back the 70dollars
    This 70dollars we need to put back as cash in our checking acc right ? OR instruct the bank to transfer money from savings acc if we have one.Pls clarify

  • @gautamvraj
    @gautamvraj 4 года назад

    You video could be interesting if you guys start using photos of things you talk related to.

    • @CanadianDreams
      @CanadianDreams  4 года назад

      Thanks a lot for d suggestion Gautam💗

  • @kanishkakumar2280
    @kanishkakumar2280 5 лет назад

    Hi....great video !........hv a few queries :-
    1. Is proof of Canadian address required at the time of opening a new bank account for newcomer PR ?
    2. If a new immigrant tries to open a new bank account in Canada just after landing then he would not have any permanent address in Canada....therefore in such a situation what is the best option ?
    3. Probably you may like to do a video on the concept of Registered Retirement Savings Plans (RRSP) and related plans - etc.
    Thanks.

    • @CanadianDreams
      @CanadianDreams  5 лет назад

      Hi! No proof is required for address.
      You can give any address of anyone who you know here. Once you get your place, get the address updated.
      Sure we will try making a video on it

  • @thamaraiselvan1262
    @thamaraiselvan1262 5 лет назад

    Great! Keep doing many videos!

  • @emanasa
    @emanasa 3 года назад

    Can we open an online saving account like India in any bank..like private or govt? whether same for creditcard?

  • @vishalsaini8730
    @vishalsaini8730 5 лет назад

    U both are doing a good job

  • @denisegwilliams8614
    @denisegwilliams8614 5 лет назад

    I am enjoy your vlogs very informative thanks guys💖

  • @AbhijitDas-dp5ky
    @AbhijitDas-dp5ky 5 лет назад

    Thanks good information but what are the best bank considering India

  • @monikabadhan2422
    @monikabadhan2422 4 года назад

    Hey guys, from where to get capital one card?

  • @yaseralamoudi4088
    @yaseralamoudi4088 3 года назад

    informative video!!

  • @dishatiwari5224
    @dishatiwari5224 5 лет назад

    Your videos are explecitly ammmaaaaazzing in terms of sharing info. The content is really really good but..the time duration of the video is toooo long pls do take this suggestion in consideration

    • @CanadianDreams
      @CanadianDreams  4 года назад +1

      Thanks Disha! we will keep that in mind

  • @rahulshao3895
    @rahulshao3895 5 лет назад

    Firstly, thank you for such an informative video.
    The capital one master card you talked about, is it given to us by the bank or by some private business partners?

    • @CanadianDreams
      @CanadianDreams  4 года назад

      You may get it from directly capital one or from Costco or Hudson Bay

  • @Smrithee08
    @Smrithee08 5 лет назад

    Hello... Thxs again.. Do you mind sharing which bank did you finally went for after gathering info? Thx u..

  • @I-amInvisible
    @I-amInvisible 5 лет назад

    Really informative video.. keep up the good work. Any clue how much is the approx interest rate in the savings account? And does that differ bank to bank? Thank you in advance.

    • @CanadianDreams
      @CanadianDreams  4 года назад

      Its hardly 1 percent

    • @I-amInvisible
      @I-amInvisible 4 года назад

      @@CanadianDreams Lol! Don't remember when I msgd it :-) Thank you for the response dear. Stay safe

    • @CanadianDreams
      @CanadianDreams  4 года назад

      @@I-amInvisible you too Aditya

  • @glamourzeta3793
    @glamourzeta3793 5 лет назад

    Thanks for the videos kindly clarify did u say master card is preferred than visa card?

    • @CanadianDreams
      @CanadianDreams  5 лет назад +1

      Master card has more benefits in terms of money back and points

  • @tarvinder91
    @tarvinder91 4 года назад

    Amazing

  • @anitajohn9164
    @anitajohn9164 5 лет назад +1

    Is it good to open a joint account? 1st of all is this option available? If so, which one is advisable.. Joint or 2 separate accounts?

    • @CanadianDreams
      @CanadianDreams  5 лет назад +2

      Yes you can open a joint savinga account.However, the rate of interest accrued is less on joint account as compared to individual savings account.

    • @anitajohn9164
      @anitajohn9164 5 лет назад

      @@CanadianDreams thanks for the prompt reply👍😊

  • @dipakdarji829
    @dipakdarji829 5 лет назад

    Very informative video...

  • @rohanthakur007
    @rohanthakur007 5 лет назад

    Nice video, please let me know how to manage the forex conversion.

  • @maj1636
    @maj1636 4 года назад

    I just wanna know . Why should we use the bank limit . Wouldn't be better not to touch to limit offered and use only our money in order to have a good credit score.? Or is it obligatory to touch to the limit in the credit card?

    • @CanadianDreams
      @CanadianDreams  4 года назад

      Credit cards build credit history in Canada

  • @vishwanathrana2692
    @vishwanathrana2692 2 года назад

    bank account address proof requirement ?

  • @rippingandhi6363
    @rippingandhi6363 5 лет назад

    Here in you have mentioned to pay the credit card bill part by part before due date . Why should we pay part by part? Why not in one go?

    • @CanadianDreams
      @CanadianDreams  5 лет назад

      You can do that as well. The only intention here is to keep the payments upto date.

  • @mukeshpatel9072
    @mukeshpatel9072 2 года назад

    I am new immigrant aged 57 years, I want open bank account, as per your choice which bank is suitable for me? Please guide me .

  • @romykaur7292
    @romykaur7292 5 лет назад

    Thanks 🙏 for your videos!!!!
    One question, if SIN number is required for opening bank account then in how many days SIN number comes?

    • @CanadianDreams
      @CanadianDreams  5 лет назад

      You can get it as soon as you land at the airport. If you land after their business hours, you can get it from Service ontario.

    • @romykaur7292
      @romykaur7292 5 лет назад

      Canadian Dreams thanks a lot for the quick reply 👍🏻

  • @ahabaz92
    @ahabaz92 5 лет назад

    Hey there !
    Thanks alot for this wonderful and informative video. You guys are awesome !
    I would like to know, is job an eligibility factor in getting the card / opening a bank account?
    What I mean is if one of the family members (Husband/Wife) isn't working but still needs a card, then what's the scenario?
    Can you include a short brief about interest rates, fees which you were offered where you walked-in and comparison of all banks and if credit limit can be raised online like how we do in India in-app/on website?

  • @vikassachdeva5139
    @vikassachdeva5139 4 года назад

    Hi guys,
    I need one information ASAP as I am planning to get my Lasik surgery done afiiiter 2 days..Pls tell me are you comfortable wearing specs there? As the weather is extremely cold and it keeps raining, so I was planning to get my specs removed before moving there.can you please suggest?
    Need reply ASAP pls

  • @khushboodalal3587
    @khushboodalal3587 5 лет назад +1

    Hi
    Can we open an account from india, say in Scotia Bank and then open another account after coming to Canada if we get better offer from some other bank?

  • @pratsarora
    @pratsarora 5 лет назад

    Hi Gagan, one query, I can use my forex card (master card) directly for shoping at Costco.??

    • @CanadianDreams
      @CanadianDreams  5 лет назад

      Hi Prateek. I am not sure of that. You may try though.

  • @swatidhar7568
    @swatidhar7568 5 лет назад

    hi there, can you tell me can we transfer funds from Indian savings account via netbanking to Canada bank account,if yes how much and also how much cash CAD max can we carry while travelling, also can we transfer CAD to out Indian Savings account, do we need to change it to NRE/NRO etc

  • @vandanagandhi6978
    @vandanagandhi6978 5 лет назад

    You have not mentioned about State Bank of India, Canada in your list. It is so convenient to get a demand draft in your name from INDIA, open an account in SBI Canada and immediately deposit Demand Draft for FREE. All the money in your draft is in your account now.

    • @CanadianDreams
      @CanadianDreams  5 лет назад

      It is because SBI is not conviniently available. I have not seen any branch till now. 😣. Thanks for the info BTW😊

  • @23SuperRose
    @23SuperRose 5 лет назад

    Hey there....you guys said not to pay the credit card bill at one go. Why is that? What impact does it make if u pay in full?

    • @CanadianDreams
      @CanadianDreams  4 года назад

      It is advised to build a good credit history

  • @shubhv288
    @shubhv288 5 лет назад

    No charges on transctions means if we transver money from India to Canada no amt will be deducted?

    • @CanadianDreams
      @CanadianDreams  4 года назад +1

      That is for Canadian banks we talked about

  • @desigeekchishi
    @desigeekchishi 4 года назад

    building a credit history spends on salary n how much a person is earning. otherwise an emergency will happen and whole life is sunk in debt.

  • @madrastakies
    @madrastakies 5 лет назад

    Hi bro. great video. what was your score.

  • @ShivamMishra13
    @ShivamMishra13 5 лет назад

    Can a new immigrant get an additional credit card from another bank after opening his account which already has a credit card or it is advisable to first build a credit card history and then apply for another credit card

    • @CanadianDreams
      @CanadianDreams  4 года назад

      You can get additional card from any bank

  • @craigwilliams7496
    @craigwilliams7496 5 лет назад

    Can you guys please share your LinkedIn profiles?

  • @gtmkamath1
    @gtmkamath1 5 лет назад

    How did you take your funds to Canada from India? Can a new immigrant open more than one 'new immigrant' account?

    • @CanadianDreams
      @CanadianDreams  5 лет назад +1

      Hi! We brought cash. Yes, you can open it with different banks

  • @manali6838
    @manali6838 5 лет назад

    Great video 👍

  • @kirpasingh3624
    @kirpasingh3624 2 года назад

    Waheguru waheguru waheguru waheguru

  • @chaitrarnaidu8704
    @chaitrarnaidu8704 5 лет назад

    So... It's better to have a credit card and capital one master card is it??

  • @RajeshR-gi3mw
    @RajeshR-gi3mw 5 лет назад

    First of all thanks for the details. Appreciate it. One query - Once an account is opened how do we move funds from our bank account in India. Please provide video on procedure and charges involved. Thanks again.

  • @ahmedbayoumi1345
    @ahmedbayoumi1345 5 лет назад

    What are the best banks in Ontario for immigrants?

    • @CanadianDreams
      @CanadianDreams  4 года назад

      All are good.. Go for the one that gives you max benefits as a new immigrant

  • @anishlamsal667
    @anishlamsal667 5 лет назад

    Do you know what happens if I carry more than CAD $10,000 cash while coming to Canada? I know I will have to declare but are there any other procedures that I have to go through or any penalties associated?

  • @bantichandel2926
    @bantichandel2926 5 лет назад

    Hi guys
    Good video
    I am from India
    I want to immigrate to Canada and as I know the express entry system involved 6 steps but I don't know from where can I start the Process for (1 eca (2 language test (3 profile creation (4 arranging document (5 submitting the application (6 visa stamping.
    If u know any reliable consultant please suggest me

  • @supipiannchrishmaliesubasi6234
    @supipiannchrishmaliesubasi6234 5 лет назад

    Very informative,pls talk much louder,thanx !

    • @CanadianDreams
      @CanadianDreams  4 года назад

      Hi Supipi. We have improved audio in our new videos

  • @SID1908
    @SID1908 5 лет назад

    Hey guys
    M arriving on 8th may...can u please tell me how can i transfer money from my indian bank account to Canadian bank account...or it is best if i bring money through travellers cheque or forex card???.

  • @sanjaybhatnagar5564
    @sanjaybhatnagar5564 3 года назад

    Increase he volume of your this video.

  • @amimehta4607
    @amimehta4607 4 года назад

    Hi, if we have a permanent job in bank in India, is it worth moving to Canada?

    • @CanadianDreams
      @CanadianDreams  4 года назад +1

      I moved even when I was in a PSB.. That is your call to make :)

    • @amimehta4607
      @amimehta4607 4 года назад

      @@CanadianDreams
      Thank you so much. 😊

  • @clarapriyankaalexander
    @clarapriyankaalexander 5 лет назад

    Please tell , can a pr buy a house in Canada?

  • @Vekarias1
    @Vekarias1 5 лет назад

    could i open a new immigrant account, after opening from India?

  • @sikanderkhan6425
    @sikanderkhan6425 5 лет назад

    Hi: can we open account on visit visa also ?

  • @yogyatasoodan738
    @yogyatasoodan738 5 лет назад

    can we pay the processing fees for Canada PR through MasterCard or debit card or is credit card necessary?

    • @CanadianDreams
      @CanadianDreams  5 лет назад +1

      You can pay through any card. The main thing is it should support international trsnactions.

    • @yogyatasoodan738
      @yogyatasoodan738 5 лет назад

      Canadian Dreams thank you

  • @pankajkumaryadav3738
    @pankajkumaryadav3738 4 года назад

    Savings account offers only 1% interest rate. 👎🏽👎🏽👎🏽👎🏽👎🏽

  • @aritasharma8791
    @aritasharma8791 5 лет назад

    What is SIN number

    • @CanadianDreams
      @CanadianDreams  4 года назад

      Social Insurance Number.. Just like you have PAN card i India

  • @rileygillman1604
    @rileygillman1604 5 лет назад

    Make $5,000 weekly, all you need is a Canada bank.