We know your time is valuable so we have introduced a free, quick and convenient way to consolidate your savings into a competitive interest account. Use our Bank-to-Bank Transfer service to move your money from your other Financial Institution into your Scotia Power Savings Account™ or Money Master^® Savings Account and watch your savings grow faster. When you do this you'll earn interest from the first dollar saved.

Here's How

Simply register your other Financial Institution's chequing or savings account through Scotia OnLine^® or our toll-free number. Once Scotiabank has verified the ownership of your account at your other Financial Institution, you can begin to move your money electronically. It's that easy.

Already have a Scotia Power Savings Account or Money Master Savings Account and using Scotia OnLine? Then you're ready to start!

Within Scotia OnLine, click the "Banking" tab, under the "Transfers" sub-tab, select "Transfer Funds from Another Bank"or call us at 1-888-615-0293 to begin enjoying the benefits of our Bank-to-Bank Transfer service.

Want to Open a Scotia Power Savings Account or Money Master Savings Account?

Scotia Power Savings Account is perfect for you if you maintain a higher balance and want a competitive interest rate with unlimited Scotia Online, TeleScotia, ABM and wireless banking transfers between Scotiabank accounts. A high interest rate is paid on every dollar as long as your balance remains above $5,000. Find out more.

Choose Money Master Savings Account if you prefer the convenience of self-service banking and earning a competitive interest rate with no fees for unlimited Scotia Online, TeleScotia, ABM and wireless banking transfers. Interest is paid on every dollar saved - even if your balance falls below $5,000. This account is an ideal companion to your Day-to-Day transaction account. Find out more.

Want to Start Using Scotia OnLine?

Getting started is a snap! Find out how.