Montreal/Quebec Financial Institutions

There are large and small financial institutions in Montreal and Quebec, including branches of major banks, local banks, credit unions, and others. Major financial establishments such as TD Bank Group, RBC, Desjardins, and Scotiabank have branches in Montreal.


The Bank of Montreal is one of the biggest Canadian banks and the 4th largest, with a customer base of over $7 million and over 900 branches. BMO offers standard and specialty financial solutions to business, corporate, and individual customers, including loans (, credit cards, savings and checking accounts, investment solutions, and mortgages. Business customers are offered a wide array of financial products, from commercial credit cards and business accounts to specialized banking, foreign exchange, cash management, commercial mortgages, and a lot more. There are branches of major banks such as CIBC and the National Bank, serving commercial and individual customers in Montreal. CIBC, for example, offers lending solutions and bank accounts as well as insurance and investment products, and business services. Customers are offered business and everyday cards, variable and fixed rate mortgage loans, student and standard lines of credit, retirement planning, and portfolio solutions. The National Bank also has branches in Montreal and offers the full suite of financial services, including high interest savings accounts, credit cards, vehicle financing, consumer loans, mortgages and lines of credit, and more.

Other Lenders

There are other lenders in Quebec and Montreal in particular, including credit unions, payday lenders, credit card companies, car dealerships, and others. Desjardins, for example, offers a selection of custom, specialized, and standard financial solutions such as savings and investment products, wealth management services, car loans and credit cards, and cash and accounts management. Other services include insurance products, trust and international services, payroll and human resources, group plans, and others. There are other credit unions and finance providers in Quebec, including Strathcona Credit Union ( and Sun Life Financial. Strathcona offers investment and savings solutions, credit cards, loans, accounts, and insurance products. Union members benefit from competitive interest rates on different credit solutions and attractive investment vehicles such as RESPs, TFSAs, investment funds, market-linked guaranteed investments, and guaranteed fixed-rate investments. Sun Life Financial also offers a suite of financial solutions, from health and life insurance to investment products such as income annuities, registered income products, education savings, and market-based investment and guaranteed interest savings products. There are payday lenders as well, offering short-term loans to customers in Quebec. While lenders offer loans with higher-than-average interest rates, there is a threshold on the maximum APR in Quebec. The maximum APR finance providers offer is 35 percent. Other services offered include money transfers, cash for silver and gold, electronic bill payment, and check cashing. However, non-traditional providers charge higher service fees than conventional lenders because they serve risky customers. On the other hand, they offer instant financing to clients who are short of cash in case of emergency and to cover unexpected expenses.

Montreal Payday and Bad Credit Lenders

There are finance service providers in Montreal that offer loans to customers with less than perfect and poor credit. In fact, some providers advertise the fact that all borrowers are approved, regardless of their financial and credit situation. Brokerages feature online application and approval, quick access to cash, and flexible solutions. Some payday lenders offer loans to customers in Montreal while others serve clients across Canada:


Features and rates vary from one payday lender to another, but the rates and charges are generally higher compared to traditional establishments. Loan amounts are lower for first-time borrowers and vary from $100 to $1,500 or higher. The amount offered depends on the information included in the application (income, type of employment, housing status, etc.) The money can be used to pay utility or other bills, cover necessities and urgent expenses, pay outstanding balances, and so on. In most cases, loan applications take a couple of minutes to fill in and get approved instantly. Once approved, customers repay the loan amount at or before the term which can be from 2 weeks to several months. Charges usually apply to returned payments. Loans are not renewed automatically. Reputable lenders don’t charge any upfront fees and help customers to reestablish credit provided that they make on-time payments. The payments are reported to major bureaus such as Transunion and Equifax:

Application Criteria and Details Required

The good news for borrowers in Montreal is that many payday and bad credit lenders run no credit check. This means that customers with an active bank account and proof of steady income qualify, regardless of whether they have been turned down by traditional financial institutions. Depending on the lender, the applicant may be asked to provide personal and financial information such as home address, contact number, age, sex, name, employment status, and others. There is an option to sign the payday loan agreement electronically. To get approved, lenders require that applicants are of legal age (18 years or older) and Canadian citizens or residents with a legal source of income. With some providers in Montreal, borrowers are asked about their banking information, including type of account (checking or savings), time at bank, bank account and branch or transit number, institution number, and bank name. Some finance providers request detailed information such as monthly net income, time employed, job title, employer address and city, employer name, and source of income. In addition, there are payday and bad credit lenders that request personal information such as SIN, whether the applicant rents or owns, length at address, and loan amount required. Some companies also ask borrowers whether they finance or lease a car and whether they have other outstanding balances: Customers are also asked about their monthly rent in some cases. Finally, there are brokers in Montreal that request information such as ID expiry date and type, SSN status, and marital status.

Welcome to Old Port Montreal


The Old Port of Montreal in Quebec is a historic port situated along the St-Lawrence River. It is a great place for walks, shopping, and dining, with plenty of activities for residents and tourists alike.
There are plenty of activities and entertainment options for visitors to enjoy, including guided fishing tours, special events, adventure activities, and a lot more. The Old Port of Montreal features activities such as eco-friendly rides, electric vehicles to test and show your driving skills, royal and pirates ships, and festivals. Celebrations and shows are also held, including percussion festivals, nautical fests, international festivals, fireworks, and festivities for Canada Day. Festivals are held the whole year round.
The port also features attractions such as the Lachine Canal, Montreal Clock Tower, and Montreal Science Centre. The Montreal Clock Tower is а 45-meter monument commemorating Canadian sailors who lost their lives during the First World War. The Montreal Science Centre is another attraction to visit, situated on the King Edward Pier and featuring an IMAX theatre and technology and science exhibitions.
In addition to fun activities and attractions, there are dining venues, food trucks, and summer boutiques. The turkey food truck offers tasty food, including turkey pogos, chili, pulled turkey poutine, hamburgers, and hotdogs. The scena is a good place for visitors to try delicious grilled food, burgers, tatars, nachos, and of course, cocktails. The scena also offers a beautiful view to downtown Montreal. Diners feature fresh, local food, including homemade guacamole and salsa, tacos, and even gourmet cuisine. Vegetarian options are also available. The summer boutiques are situated along the quay and offer jewelry, candies, home decorations, collection items, accessories, and even temporary tattoos.