Pre-authorized contributions

Save automatically and watch your money grow

  • Is it right for me?

    Is it right for me?

    It’s perfect if you want an effortless way to save money.

  • Tell me about it

    Tell me about it

    It’s easy. Just choose the amount you want to save and how often you want to save it. That amount will be automatically deducted from your chequing account and deposited in your savings account, RRSP or RESP.

    You’ll save money on a regular basis without even thinking about it. It’s the easiest way to save.

    Skip the last-minute RRSP scramble

    Use pre-authorized contributions and save automatically for your RRSP all year round. You’ll avoid the stress of the RRSP deadline and help maximize your contribution.

    Pay less tax

    Just let Canadian Revenue Agency know that you’re making regular contributions to your RRSP. They’ll tell your employer to take less tax from your paycheque. To get that started, pick up a Tax Deduction Waiver form from Scotiabank or from your local tax office.

  • Where do I start?

    Where do I start?

    Telephone Customer Service
    Find a Scotiabank branch Find a branch or ABM
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