Scotiabank’s US-domiciled Wholesale Investment Account offers premium yields on short-term investments while balancing security, liquidity and convenience.

This account is designed for American, Canadian or International companies seeking to invest balances of $20 million USD or more, held for at least 30 days, while gaining a competitive return on surplus cash.

Features

• Rate base options are straight monthly averages of either the daily Fed Funds Target rate or the daily USD 90 Day T-Bill (auction mid-point).
• Account incurs no fund management fees or administration expenses.
• On-demand access to funds, with a maximum of 6 withdrawals per month or statement period.

Benefits

• Funds are available on demand, providing easier liquidity management.
• Market driven rates offer competitive returns.
• Interest payments are calculated daily and credited monthly.
• Easy administration with ScotiaConnect® electronic banking.
  

Detailed Product Sheet [PDF : 300kb]

For more information about our Wholesale Investment Account (USD), please contact us.