Bank Index

HABIB CANADIAN BANK

Bank · Canada · overall 5.6 / 10

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How this 5.6 is built

Average of 6 scored needs: 5.6. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Habib Canadian Bank is recorded in the global register as a bank in Canada. The register names Office of the Superintendent of Financial Institutions (Canada) as its regulator and shows the licence as active. Established 2000. Collected from open registers.

On its own website: “Experience secure, personalized banking with Habib Canadian Bank (HCB). From personal savings to business banking.”

Legal name
Habib Canadian Bank
Regulated by
Office of the Superintendent of Financial Institutions (Canada)
Licence confirmed
yes, on a regulator's own list
Established
2000
LEI
549300G6DE5CLEBNZG48
Website
habibcanadian.com

Scores, 0 to 10

7.5Lowest fees
The bank's own page states no monthly account fee. The ceiling here is 7.5 and not 10 because transfer and card prices were not read on that page. It reads: “Enjoy easy online access, no monthly charges, and no limit on cash flow.” · source
6.0Canada
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet.
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.