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RBC launches Global Credit Connect with Nova Credit to help create a smoother financial start for newcomers to Canada

TORONTO, June 18, 2024 /CNW/ – As Canada continues to welcome significant numbers of immigrants this year, Royal Bank of Canada (RBC) is committed to being their bank of choice by creating tools and resources designed to improve newcomer arrival experiences. Today, RBC is announcing the launch of Global Credit Connect with Nova Credit, a cross-border credit bureau, to help eligible RBC newcomer clients leverage their international credit history in Canada.

Financial products can help give some newcomers more financial breathing room while they find and furnish a place to live, secure work opportunities, and adapt to life in a new country. However, newcomers to Canada are currently treated as “new to credit,” meaning they cannot use their home country credit history to access appropriate credit products and solutions for their unique situations.

Global Credit Connect is a new RBC…

Read more at www.newswire.ca

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