Newcomers Account

Newcomer Package

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Real-time wire transfer services!

-Check out our Global EasyNet Service
Using online banking you may check your account balance, transaction details
and easily transfer funds from your account in Korea to account in Canada.
-Fees exempt for transfers under US $1000 or equivalent (excluding cable charges).
-50% off fees for transfers over US $1000 and other Internet banking transfers at preferential exchange rates.
*Global Easy Net service is free but some conditions may apply.

Newcomer care services from Korea!

Inquire on special services that can be ease your transition to Canada.

Shinhan Bank Korea has designated service team for Newcomer and   International Students.

Free Internet/ mobile banking services!

365 days a year, 24 hours a day – access your account wherever and
whenever through the Internet. View your account balance, make
fund transfers, make bill payments, transfers, and also process
import and export business. Use Internet banking to se to your card
security status (report stolen/suspend/terminate)

Preferential Residential Mortgage Rate for Newcomers!

Inquire our special mortgage rate for Newcomers.

Easy access to ATM for Cash! Exchange Network!

-Newcomers have benefit of using local bank(RBC,TD, BMO,Scotia, CIBC) ATM 5 times per month without any additional charge.
-As a member of exchange network you can access to over 100 ATMs in Ontario.
(HSBC, ING Direct and credit unions etc.)
If you see EXCHANGE log on other banks ATM, you are able to use them just like Shinhan Bank ATM without additional fee.
+(Depends on the package you sign up, this no fee service can limit your transactions frequencies. In case you overused account package allowable transactions, service fee can be charged to your account.)

Free Info. Alert Service!

-Shinhan Smart Chip Debit Card provides increased protection against
lost, stolen or counterfeit card fraud. Shinhan Info. Alert Service
informs you about day to day activities on your card use by cell
phone(SMS) or email for FREE
+this service is free but your mobile carrier may charge you depends on your
service agreement.

Waived cable charge on incoming wire transfer from Korea!

You must have at least 5 transactions per month. One cable charge per month only.

No minimum balance required! Unlimited transaction!

Anyone within 3 years of landing can open a Newcomer Package along with 12 months of benefits.

Newcomer Package Features

Eligibility
Newcomers
- landed within 3years
Account Type
Chequing Account
Cheque Usage
Yes
Account Maintenance Fee

No

(Exchage network included + Other bank usage 5 times included)

Debit Card
Yes
Bank Book
Yes
Personal Cheques
Waived
(once a month. At least 5 transactions/month)
Deposits/Savings/Residential Mortgage
Special Preferential Rate
Bank Draft/Certified Cheque
Fee Exempted ( 4Times a year)
Bill Payment
Waived
Interest Payments
No
Deposit Insurance
CDIC Eligible (CAD only)

*For all accounts, if closed 16 days – 3 month period, a administration fee of $15 will be charged
*Account services and package information are subject to change according to the Bank’s operating policies