This is another great benefit. While your money is in the RESP, you don't pay tax on the interest, dividends or capital gains that you earn. So when your kids go to college or university, you'll have more money to give them.
The following accounts can be changed online:
Basic Banking Account
Basic Banking Plan
Scotia One Account
Scotia Value® Account1
Blue Chip Account1
Money Master® Savings Account
All accounts can be changed by calling 1-800-4-SCOTIA (1-800-472-6842 or by visiting your Scotiabank branch.
Please allow up to two weeks for completion of online changes and three business days for requests made through 1-800-4-SCOTIA.
Use Scotia Simple Switch to transfer your account from another financial institution to Scotiabank and leave the hassle to us.