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Scotia Power Savings Account

Right for you if:

  • You are looking for tiered interest rates
  • You want to access your account at ATMs and in branches

With a Scotia Power Savings Account, your money grows by accumulating interest. Scotiabank offers you tiered interest rates on every dollar in your account. The more you save, the more interest you earn.


Fees and Terms

Minimum opening balance of $1,000

Access your funds via multiple channels

Three free withdrawals per month

  • Minimum opening and account balance of $1,000
  • Access your Scotia Power Savings Account using ATMs, Scotia OnLine, Scotia Mobile, and at Scotiabank branchess
  • Up to three free withdrawals per month and $1.00 for each additional withdrawal

Requirements for residents:

  • Two (2) forms of personal ID (both with photo)
  • Three (3) personal references
  • A copy of a water, electricity, or telephone bill (to confirm your current address, even if the bill isn't in your name)

You might also need...

How Much Should You Save?

Use our Scotiabank Savings Calculator to see how saving on a regular basis can help you achieve your short- and long-term financial goals.

Read More


Ready to Apply?

  • By Phone:Speak to one of our specialists by calling
    (507) 297-5200 from Panama City &
    (507) 777-6500 from the city of David, Province of Chiriqui.