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The Scotia® Euro Daily Interest Savings Account is a savings account denominated in Euros that allows you to deposit and withdraw¹ Euros at your branch without the need to convert them to or from Canadian dollars. It’s an easy way to avoid foreign exchange costs while allowing your savings to grow!
Features
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No monthly account fee with a minimum monthly balance of €200, otherwise a monthly maintenance fee of €1.00 applies. Includes two teller assisted withdrawal transactions per month.²
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Additional teller assisted withdrawal transactions are charged at €0.60 each.
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Tiered interest which is calculated on your daily closing balance, so as your account balance increases, so does the interest you earn. Current Interest Rates
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Passbook record keeping.
Benefits
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Scotia Euro Daily Interest Savings Account
Effective January 28, 2008
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Paid on the portion of the
balance within each tier.
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Annual
Interest Rate³
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€60,000 and over
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0.500%
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€25,000 - €59,999
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0.400%
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€10,000 - €24,999
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0.250%
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€5,000 - €9,999
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0.250%
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€1,000 - €4,999
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0.250%
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Under €1,000
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0.250%
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¹ ABM, telephone and Internet banking services, direct payment transactions, bill payments, cheque-writing privileges and overdraft protection and are not allowed on this account
² Only teller assisted debit and withdrawal transactions conducted at your branch of account are allowed on this account.
³ Rates are provided for information purposes only and are subject to change at any time. Interest is calculated on the daily closing balance and paid monthly.
A deposit to this account does not constitute a deposit that is insured under the Canada Deposit Insurance Corporation (CDIC) Act.
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