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How is Beacon different from traditional banks?
How is Beacon different from traditional banks?
Updated over a week ago

Beacon is a fintech company offering several key advantages over traditional banks, making it an ideal choice for newcomers to Canada:

1. Easier Access: Our money account can be accessed through digital platforms, providing a seamless and convenient banking experience. No need to visit branches or deal with lengthy paperwork.

2. Lower Fees: We offer lower fees compared to traditional banks, helping you save money as you manage your finances.

3. Innovative Features: As a fintech company, Beacon is designed with innovative features specifically for new immigrants. You can open an account online before arriving in Canada, and we provide an easy solution for remittance within the Beacon app.

4. Purpose-Built for New Immigrants: We understand that newcomers come from countries with different banking practices. Beacon is purposely designed to address these differences and make the transition smoother.

5. No Complicated Paperwork: Say goodbye to complicated paperwork and long waits at branches. Beacon streamlines the account opening process, allowing you to get started quickly and easily.

6. Financial Navigation Support: We help you navigate the complex banking system in Canada, ensuring you stay on top of your finances without unnecessary hassle.

Beacon is dedicated to making your financial journey in Canada as straightforward and efficient as possible, leveraging fintech innovations to enhance your experience. If you have any questions or need assistance, our friendly customer support team is always here to help.

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