Overdraft Protection for business™  is your safety net that kicks in when your account balance dips below zero. And, although our electronic banking services let you check your balance 24 hours a day, knowing you're covered means you won't need to worry about whether your cheques will be honoured.

You'll pay a competitive interest rate on the overdrawn amount from the day your bank account falls below zero to the day you cover the shortfall.

Features:

• coverage from $1,000 to $5,000
• competitive overdraft rates
• a flat monthly fee, which is waived for Account Plan for business™ customers

Benefits

• eliminates NSF and overdraft handling service charges
• keeps interest expenses to a minimum with exact dollar borrowing
• offers unsecured protection

Need more information on overdraft protection or other Scotiabank small business products? Visit your nearest branch and ask for one of our Small Business Bankers.