Best Bank Branches in Richmond for Newcomers

Richmond has one of the highest concentrations of newcomers in Metro Vancouver, and the banks here know it. You'll find multilingual service at almost every branch, plus newcomer packages tailored to people who just landed. Here are the best spots to set up your banking.

Last reviewed: April 2026. Data current as of this date.

Top Bank Branches in Richmond

RBC — Richmond Centre Mall, 6551 No. 3 Rd

Inside Richmond Centre, right by the Canada Line's Richmond-Brighouse station. This branch has staff fluent in Mandarin, Cantonese, and Korean. RBC's newcomer package gives you 12 months of free chequing and a credit card with no deposit required. One of the busiest branches in Richmond, so book an appointment online.

TD Canada Trust — 6060 Minoru Blvd

A few minutes' walk from the SkyTrain. TD offers the New to Canada package with 6 months free. This branch is slightly less crowded than the one in the mall. Staff speak Mandarin and Cantonese.

Scotiabank — 6388 No. 3 Rd

On the main strip of No. 3 Road. Scotiabank's StartRight program is popular here — free chequing for a year and a Visa card. The branch has Mandarin, Cantonese, and Tagalog-speaking staff.

CIBC — Aberdeen Centre, 4151 Hazelbridge Way

Inside Aberdeen Centre — one of Richmond's biggest Asian malls. Perfect if you're already there for dim sum or grocery shopping. CIBC's Welcome to Canada offer is solid. Mandarin and Cantonese service available.

China Construction Bank — 4000 No. 3 Rd (Aberdeen)

If you're moving from China, CCB has a branch in Richmond that can help with international transfers and maintaining your Chinese accounts. They also offer Canadian banking products now. Unique option for those with existing CCB accounts overseas.

Richmond-Specific Banking Tips

Richmond branches tend to be busier on weekends and around Chinese holidays. Weekday mornings (10-11AM) are usually the quietest. Also, if you're living south of Steveston Highway, the branches on No. 3 Road near Lansdowne station might be closer than going all the way to Richmond Centre.

Need to convert your savings from your home country? Check out our currency converter to see today's rates before you go to the bank.

Credit Unions in Richmond

Coast Capital Savings at 6011 No. 3 Rd offers free chequing for everyone (not just newcomers). They're a credit union, so the vibe is more community-oriented. Fewer bells and whistles than the Big Five, but the free banking is hard to beat.

Frequently Asked Questions

Can I open a bank account in Richmond if I live in Vancouver?

Yes. You can open an account at any branch in Canada regardless of where you live. But pick a bank with branches near your home too — you'll need to visit occasionally.

Which Richmond bank has the best Mandarin service?

Honestly, almost all of them. Richmond is predominantly Chinese-speaking, so every major bank branch here has fluent Mandarin and Cantonese staff. RBC and CIBC at Aberdeen Centre are especially well-staffed for Chinese-language service.

Is China Construction Bank a good option?

If you already have a CCB account in China, it can simplify international transfers. For day-to-day Canadian banking, the Big Five banks have more ATMs and better apps. Some people use CCB for transfers and a Canadian bank for daily spending.

References

[1] Government of Canada, "Immigration, Refugees and Citizenship." https://www.canada.ca/en/immigration-refugees-citizenship.html

[2] TransLink, "Metro Vancouver Transit Information." https://www.translink.ca/

[3] IRCC, "Express Entry Program." https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry.html

[4] City of Vancouver, "Open Data Portal." https://opendata.vancouver.ca/

Just arrived in Richmond? Read our guide on best credit cards for newcomers with no credit history to start building your credit score from day one.