Corporate Deposit Account (USD)
Right for you if:
- You are a Canadian, US or multinational entity
- You require surplus funds to be domiciled in the US
US-domiciled money market deposit account
- Optimize your return on stable funds Premium yields on short-term investments while balancing security, liquidity and convenience
- Secure Funds are direct cash deposit obligation of Scotiabank
- Liquid Funds are available on demand1
- Return Market driven rates offer competitive returns
- Account incurs no fund management fees or administration expenses
- Interest is calculated daily and credited monthly
- Interest rates are based on global benchmarks2 :
- USD LIBOR rate
- Daily Fed Funds Effective rate
- Daily Fed Funds Target rate
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We can help you get your business finances running smoothly.
- 1Subject to notice requirement.
- 2 Rates subject to change without notice. An adjustment factor to rate bases may apply. Rate base changes are effective daily for LIBOR, Fed Funds Effective & Fed Funds Target rates.