Foreign Currency Account

Right for you if:

  • Your want a secure environment for your U.S. currency funds

  • You want to avoid the hassles of exchange rates and fees

  • The Foreign Currency Account provides a safe and secure environment for your U.S. funds. No need to worry about fluctuating exchange rates

  • Keep your savings in U.S. dollars, eliminating the hassle of fluctuating rates, exchange fees, and commissions

  • No monthly fee — pay only for the transactions you need

  • Keep track of your accounts easily with quarterly printed statements

  • Fees and Terms


    No monthly fee


    Worldwide access to your money


    Keep your savings in USD funds

    Our Foreign Currency Account is perfect for frequent travellers who need ready access to their funds, no matter where they happen to land next.

  • Keep your savings in U.S. dollars

  • No monthly fee – pay only for transactions you need

  • 24-hour access to your money through Internet and Mobile Banking, ATMs worldwide1, and debit machines

  • Local ATM transactions and ScotiaCard purchases are processed and dispersed in local currency, not the currency of the account2

  • Quarterly statements for your records

  • Not sure if this is the right solution for you?

    Use our Account Selector to find the perfect account for your needs.

    Start Selector

    A minimum opening balance of $500 is required to open a Scotiabank Foreign Currency Account.

    Additional Information

    How to apply

    Download the application form

    Account Service Fees

    Personal Financial Services Agreement

    Terms and Conditions

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    Find out more, The Automatic Savings Plan (ASP)
    Still have questions?

    We’ve got answers. Check out our answers to common questions about banking with Scotiabank.

    Read More, Still have questions?
    Application Form:

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