Are you in Canada as a foreign worker?

Take advantage of our banking package for foreign workers.

Make your new life in Canada a little easier. Get help managing your spending and saving.


Bank account for foreign workers

Pay no monthly fee and enjoy the freedom of unlimited transactions1 and free unlimited Interac e-Transfer service®. Plus, receive a debit card to securely pay for purchases online and in stores worldwide.

Learn more about banking for foreign workers

Hand holding 3 CIBC credit cards

Credit Cards2 for foreign workers

Pay for purchases and help build your credit history. You don't need a security deposit or credit history, just another eligible CIBC personal banking product2. You can even earn travel or cash back rewards on some of our cards.

Learn more about credit cards for foreign workers

Hands using a tablet to send a money transfer. The background has the CIBC logo, and a paper airplane creating a heart-shaped cloud.

CIBC Global Money Transfer™

If you bank with us, you can quickly and easily send money to friends and family in more than 45 countries. Plus, there’s no money transfer fee.

Learn more about global money transfers

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Buying a home 

If you have a Temporary Foreign Worker permit still valid for 12 months, you may be eligible for a simplified mortgage application, with no Canadian credit history required.

Learn more about mortgages for foreign workers and newcomers

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Competitive interest savings account

Earn our best non-registered savings account interest rate with the eAdvantage® Savings Account when your balance is $5,000 or more.

Learn more about savings account for foreign workers

5 foreign bank notes

Foreign Exchange

Get the foreign cash you need. CIBC offers cash in up to 75 foreign currencies. 

Learn more about getting foreign cash

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No monthly fee U.S. dollar account

Earn interest on your U.S. dollars. Funds can be transferred between your CIBC US$ Personal Account and your other personal CIBC bank accounts, online, on your phone or tablet or at a banking centre.

Learn more about the U.S. dollar account for foreign workers

A woman at the airport with luggage using a ATM.

Toronto Pearson International Airport 

When you arrive in Canada, you will have some immediate financial needs. CIBC has multiple banking centres and ATMs in conveniently located at Toronto Pearson International Airport.

Learn more about CIBC at Pearson International Airport

Enjoy banking that fits your life

Bank on the go, where and when you want — all from the convenience of your phone, tablet or computer.

Learn more about ways to bank with CIBC

Download the CIBC Mobile Banking® App:

Download on the App Store

Get it on Google Play

Advice and help you can count on

A man using an ATM. He has a dog on a leash beside him.

Banking glossary

As a newcomer to Canada, you may find some of the banking and credit terms unfamiliar. Our Banking Glossary can help.

Learn more about banking terms
A mother, father, and son unpacking moving boxes.

Checklist Now that you are living in Canada

Welcome to Canada! Here is a checklist of things to help you settle into your life in Canada.

Learn more about starting life in Canada
A man with a suitcase doing a transaction with a CIBC employee at a branch at the airport.

How banking works in Canada​

Not sure how to start banking? CIBC is here to help.

Learn more about banking in Canada
A father, mother, and two children in the driveway of a house with a sign in front saying "For rent".

Renting a home in Canada

Are you a newcomer to Canada who is looking for a place to rent? We can help you begin your search and understand Canada’s housing rental system.

Learn more about renting a home in Canada
An illustration of a hand holding a credit score document, surrounded by coins, graphs and a dollar sign.

What is credit?

Learn how to establish and build a good credit rating in Canada.

Learn more about credit