BMO has announced a new partnership with Nova Credit, the leading cross-border credit bureau, to assist newcomers in accessing credit products in Canada. By integrating Nova Credit’s Credit Passport into its application process, BMO allows immigrants from nine countries, including Australia, India, and the United Kingdom, to transfer their international credit histories to Canada.
This initiative aims to simplify the financial transition for newcomers, providing them with access to essential financial tools and resources. BMO’s partnership reflects its commitment to supporting customers throughout their journey to establish a stable financial foundation in their new home.
Want to know more? Check out the source code on Fintech.ca.