COVID-19 Update: For the latest updates on our Small Business relief measures, including the Canada Emergency Business Account (CEBA) and The Business Development Bank of Canada (BDC) Business Credit Availability Program (BCAP), visit our Small Business COVID-19 Page.

Special offer
Right Size Savings for business

For a limited time we’re providing a special 2% interest rate*. See conditions below.

Right Size Account for business

Manage funds easily with this flexible, budget-friendly solution.

Select Account for business 

Simple. Predictable. Skip the monthly fee.

Basic Business Account

A simple way to manage your Canadian and US Dollar funds.

Special offer
Right Size Savings for business

For a limited time we’re providing a special 2% interest rate*. See conditions below.

Dual Rate Investment Account

Operate your business and save surplus funds – all with a single account.

Business Investment Account

Grow your surplus funds with a competitive interest rate.

Cashable GIC

A safe, secure investment that you can cash out anytime.

Redeemable GIC

Earn interest with the flexibility to redeem before maturity (at a reduced rate).1

Non-Redeemable GIC

Earn more interest when you lock in your funds with this secure investment

NEW Scotiabank Passport™ Visa Infinite Business* Card
Travel Special offer
NEW Scotiabank Passport™ Visa Infinite Business* Card

Earn up to 40,000 bonus Scotia Rewards® points in your first year (that’s up to $400 towards travel).

Scotia Momentum for Business Visa Credit Card
Scotia Momentum® for business VisaCard

2.99% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $49)1 

ScotiaLine for Business VISA Credit Card
ScotiaLine for Business VISA Credit Card
Scotia Flex for business1

Customize your business credit needs with multiple products under one global credit limit1

Term Loan for business1

Access to cash for purchasing fixed assets with a competitive rate1

Credit Line for business

A valuable tool to help manage your cash flow.

Digital Banking for Business

Pay employees, deposit cheques, approve expenses and more

Government Tax Payment

File and pay Canadian business taxes online.

Electronic Funds Transfer

Streamlines domestic payables and receivables (CAD/USD).  Money is transferred between different users’ bank accounts within Canada.

Wire Payments

Securely send funds online from your Scotiabank account in any major currency within Canada or internationally. 

Bulk Interac e-Transfer

A convenient way to send multiple electronic payments in minutes, anywhere in Canada1.

Interac e-Transfer

Need to send or receive money from friends and family?

Supporting Canada’s women-owned, women-led businesses.

The Scotiabank Women InitiativeTM  is a comprehensive program that supports women-owned, women-led businesses through 3 pillars: Access to Capital, Mentorship and Education. 

Connect with a Program Expert or Visit our Knowledge Centre

The 2.0% Interest Rate Special (the “Special”) is available on the Right Size Savings for business account (the "Account") for balances of less than $100,0000 between April 16, 2020 and June 15, 2020. No additional action is required to activate this special interest rate. A minimum balance of $10,000 is required to earn interest in the Account. The Special rate will only apply to the positive deposit balances between the $1 and $99,999 balance tier of the Account. The Special rate of 2.0% is an annualized rate, calculated on the daily closing account balance and is paid monthly. All balances over $100,000 in the Account will earn interest at the applicable Progressive Tier interest rate payable on the Account. Progressive Tier implies that the portion of the balance within each tier will earn the corresponding interest rate for that tier. The interest paid at the end of each month will be the sum total of the interest earned at each tier. No interest is paid on balances exceeding $2 million. The Account is available in Canadian Dollars only. This Special rate and the interest rate on the other tiers of the Account may be changed, extended or withdrawn at any time without notice. For complete product terms and conditions (including interest rates paid for Progressive Tiers) please visit Scotiabank.com and refer Your Guide to Fees & Interest Schedules.

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Scotiabank is a member of Canada Deposit Insurance Corporation (CDIC)