SAVINGS ACCOUNTS
Scotiabank offers 5 types of savings accounts:
The U.S. Dollar Interest Account and Euro Savings Account is recommended for people who receive and make payments in USD or in Euros.
The U.S. Dollar Interest Account and Euro Savings Account is recommended for people who receive and make payments in USD or in Euros.
CHEQUING ACCOUNTS
Scotiabank offers 4 types of chequing accounts:
FEES
These fees apply to both chequing and savings accounts
Interac ATM Fees
Interac ATM Fees
- Withdrawal (in Canada) using an ATM provided by a bank different from the one that holds your account - $1.50
- Processing postdated deposit - $5.00/deposit
- Processing mailed-in deposit - $2.00/deposit
- Stop payment if details are complete - $12.50
- Stop payment if details are incomplete - $20.00
- Cheque processed on a CAD account written in foreign currency (under $1000) - $10.00
- Cheque processed on a CAD account written in foreign currency ($1000 or more) - $15.00
- Transferring account balance to a different financial institution - $20.00
- Account closed within 90 days of opening - $20.00
- Overdraft protection fee (for each month account is overdrawn) - $5.00
- After 2 -4 years of inactivity - $20.00
- After 5-8 years of inactivity - $30.00
- After 9 years of inactivity and transfer of account funds to Bank of Canada - $40.00
- $5.00 for each month account is overdrawn for a day or more