US Dollar Business Investment Account

The Scotiabank Business Investment Account is a tiered-rate investment account for surplus balances. Interest is calculated on daily closing credit balances and paid monthly. Earn GIC-like rates on surplus balances of $25,000 or more

Business Savings Features

  • Apply By Phone

    1-877-552-5522

  • Annual Interest Rate

    1.3%

  • Paperless Statements

    Yes

  • Transaction Fees

    Yes

  • Monthly Fee

    No

  • Deposit Insurance

    -

  • Tiered Interest Rate

    Yes

  • Multiple Account Benefits

    -

  • Earns Interest

    -

Business Savings FAQ

Is a Business account required?

Every business should have its own bank account. There are legal reasons to keep your personal and business funds separate as well as tax ramifications. It also simply makes good sense.

Why open a business savings account?

What documents are required to open a business savings account?

Can I use a personal checking account for business?

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Service Info

ScotiaBank

Verified within the past few weeks

The Bank of Nova Scotia, commonly known as Scotiabank, is the third largest bank in Canada and serves more than 21 million customers in over 55 countries around the world. Scotiabank offers a broad range of products and services including personal and commercial banking, wealth management, corporate and investment banking.

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