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Pre-Authorized Payments
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Paying bills can be time-consuming and have associated costs. Arranging for pre-authorized payments lets you pay your utility bills, taxes and many other bills, automatically and on time. And usually, for a lot less than mailing a cheque.
Compare the cost to pay a bill on most accounts, if not covered in your account plan:
| Pre-Authorized Payment |
65¢ transaction fee only
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| Telephone or Internet Bill Payments |
65¢ transaction fee only
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Mailing a Cheque
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54¢ stamp (incl. GST)
+ 65¢ cheque transaction fee
= $1.19
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Paying at the Teller
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65¢ transaction fee
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Payments from your Scotiabank account to a Scotiabank mortgage or Scotia Plan® Loans are FREE.
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Automate Me
Contact the company whose bills you pay on a regular basis and advise them you would like to arrange for pre-authorized payments. They'll tell you their sign up procedures.
Or, use our Scotia Simple Switch® program and we'll do the work of transferring your pre-authorized payments from your account at any other financial institution to your Scotiabank account. Simply call 1-800-4-SCOTIA (1-800-472-6842) or visit any Scotiabank branch for details.
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