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.