Money Market Deposit Account (USD)

Right for you if:

  • You are a Canadian, US or multinational entity

  • You require surplus funds to be domiciled in the US

  • US-domiciled money market deposit account

  • Optimize your return on stable funds
    Premium yields on short-term investments while balancing security, liquidity and convenience

  • Secure
    Funds are a direct cash deposit obligation of Scotiabank

  • Liquid
    Funds are available on demand1

  • Return
    Competitive returns based on global benchmarks:

    • 1 month USD LIBOR rate
    • Fed Funds Target rate
  • ¬†Interest is calculated daily and credited monthly

  • Fees
    Account incurs no fund management fees or administration expenses

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