Account Services

Correspondent accounts in Canada: [PDF: 251 kb] May be opened in both Canadian and U.S. dollars to accommodate your cheque clearing, commercial and retail payments and ancillary business requirements.

Global correspondent accounts: Accounts are available in a wide variety of currencies and countries. Contact your correspondent banking relationship manager and leave the rest to us.

Corporate, Personal and Small Business accounts: Be assured that if you refer your customers to us, everyone benefits. Just outline their specific needs to your correspondent banking relationship manager and leave the rest to us.

Products

Priority Cash Letter [PDF: 248 kb]
Expert clearing of Canadian and U.S. dollar cheques, bank drafts, money orders and travelers cheques drawn on accounts in Canada, including the Government of Canada.

Sundry Currency Cash Letter [PDF: 271 kb]
A simple and easy to use foreign currency cheque clearing service where we buy your cheques and credit you in U.S. dollars.

ScotiaGlobal US$ Cash Letter [PDF: 244 kb]
A cost effective and efficient way to handle U.S. dollar items payable in countries outside North America. The eligibility list [PDF: 158 kb] is available.

Scotiacollect® [PDF: 261 kb]
You don't even need an account to benefit from our guaranteed, clean collection service for Canadian and U.S. dollar items drawn on Canada.

Payments to Canada [PDF: 272 kb]
Commercial and retail wire payments to beneficiaries anywhere in Canada. Also, use us to settle your capital markets or trade related transactions.

Globepay [PDF: 284 kb]
The easy way to effect foreign currency payments to 38 countries without the added expense of maintaining overseas accounts.

Global Mass Payments
Specifically for large value recurring payments such as pensions to Canada and other countries around the world. Please contact your correspondent banking relationship manager for details.