Supporting Ukrainians arriving in Canada from war-torn Ukraine

 

We are offering no-fee bank accounts, debit cards and credit cards to Ukrainians arriving in Canada under the Authorization for Emergency Travel to help them establish a financial base in Canada.

UCU Welcome Ukraine Package

To help the newly arriving Ukrainians resettle in Canada we put together a Welcome Ukraine Package and waived the fees for key financial products and services. Our trained Ukrainian speaking staff will be on hand – in our branches and on the phone from our Contact Centre - to help with the set-up process.

The new Welcome Ukraine Package is for adults, 18+, and includes:

Bank Account

• No-fee Chequing Account – including free cheques *
• No-fee Savings Account – earn interest on your savings *  
• $150 deposited on your behalf to the UCU Shares account *

Debit Card

• No-fee Debit Card - for ATM cash withdrawals and in-store purchases *
• $500 daily ATM debit card withdrawal limit
• $750 daily in-store debit card withdrawal limit

Credit card

• Credit Card – up to $1,500 credit limit and no annual fee ***

International Wire and Money Transfers

• Fees waived when sending money to family or friends in Ukraine and neighbouring countries

How to Open an Account with UCU

If you are in Canada

Option 1

If you have a Social Insurance Number (SIN) and a permanent address in Canada you may open your account online here

Option 2

If you are waiting for your SIN or prefer to open an account in person, please visit the nearest UCU branch. We have 13 Branches throughout Ontario.

To find the nearest branch use our branch/ATM locator: Find a UCU Branch

To open an account, you will need two pieces of government-issued identification (one of which must include your photo) such as a Passport, Canadian Visa or Work Permit. We encourage you to call in advance to book an appointment a with Ukrainian-speaking member services representative.

If you are outside of Canada

To open an account from outside of Canada, fill out the Membership Application Form

If you have any questions and want to speak to one of our representatives please call our Contact Centre:

From Ukraine:  +380 89 324 0486

From Poland: +48 22 397 16 11 

 UCU – A Canadian Financial Institution

UCU is a Canadian financial institution established in 1944. UCU conducts all business and holds all its assets in Canada and has connections to the international banking network. Deposits in all savings and chequing accounts are protected and insured up to $250,000 by the Financial Services Regulatory Authority of Ontario (FSRA).

About UCU

For over 75 years, UCU has served its broader community both in Canada and Ukraine. We support the maintenance and growth of Ukrainian cultural, educational, religious and community life in Canada as well as provide support to the organizations and people who fight to preserve the freedom and sovereignty of Ukraine. If you share these values you are welcome to join our community.

* No charge for all basic everyday personal banking for 3 years from opening the account. For all other applicable fees, please see our Fee Schedule for more information

**When you close the account within 3 years of opening, a closing fee will be charged. Please, see our Fee Schedule for more information

***Conditions apply and are subject to change