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Overdraft Protection

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Overdraft Protection

Haven't we all been there? An unexpected expense pops up, or we overlook a post-dated cheque and we're caught short? For any of these reasons, Overdraft Protection provides peace of mind.

Your cheques, withdrawals, pre-authorized payments, and point of sale payment purchases are honoured up to your predetermined overdraft limit1

  • Available for most chequing and savings accounts.
  • Limits are available from a minimum of $250 to a maximum of $5,000.
  • There's no monthly fee if you don't use the service.
  • A nominal charge applies for each month you use your Overdraft Protection.
  • Overdrawn accounts with Overdraft Protection will need to have a positive balance for 24 consecutive hours every 30 days.

Arranging for Overdraft Protection

Don't get caught short. For more information or to arrange your Overdraft Protection, visit your Scotiabank Branch.

1 Subject to credit approval.




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