Foreign Currency Account

Right for you if:

  • You make international payments in GBP, Euro or Yen

  • You want to improve efficiencies

    Efficiently manage payments with international customers and vendors:
  • Simplified international business payments and foreign exchange

  • Non-interest bearing account available in Euro (EUR), British Pound Sterling (GBP) and Japanese Yen (JPY)

  • Send and receive wire payments using ScotiaConnect® Digital Banking

  • Convenient Online Banking
    • Access to accounts using ScotiaConnect
    • Balance and transaction information available
    Cost Savings
    • Save the cost of foreign exchange fees by keeping funds in EUR, GBP or JPY accounts
    Eliminate manual wire payments
    • Send and receive wire payments in Canadian and US dollars in the currency of the account
    • Make same-currency account transfers
    Uncompromising Security
    • Passwords, user privileges and limits, plus multiple levels of approval
    • SSL technology, 128 bit encryption, as well as digital certificates protect wire payment privacy

    Unless otherwise agreed, Scotiabank will not pay interest on balances held in an account. Scotiabank may at any time, in its sole discretion and upon prior notice to the customer, charge negative interest on deposits to the accounts. EUR accounts currently bear negative interest at the rate and in the manner specific specified in Your Guide to Fees and Interest Schedules.

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    We can help you get your business finances running smoothly.

    Contact Us