Make your U.S. cash work as hard as your Canadian cash

And reduce the impact of currency fluctuations on your bottom line. Simply transfer excess US cash into your account online or over the phone and you can earn a high rate of interest on every dollar.

Our US Dollar Business Advantage Account gives you:

  • A high interest rate on every dollar you deposit
  • Easy access to your money when you need it
  • No-fee deposits and fund transfers

0.50%
US dollar savings account rate1

Is this account right for you?

Yes, if you:

  • Own a small or medium sized business US money
  • Want to earn interest on every dollar in your account
  • Have a US dollar savings account at another Canadian bank
Woman photographing coffee.

Benefits

Rates & fees

Rates

Our US Dollar Business Advantage Account offers a high interest rate on all your money:

0.50%
$US Dollar Advantage Account Rate

Fees

With our US dollar high-interest savings account, there are no fees to open, make deposits or transfer funds. Other services and fees include:

Services  
Transferring money from your US dollar account at another Canadian financial institution No charge
Mail a cheque No charge
Services  

Transferring money to your US dollar account at another Canadian financial institution

No charge
Services  
$10,000 or less $30
$10,001 - $50,000 $50
$50,001+ $65
Incoming wire transfer $15

Please review our Services and Fee Guide for a complete list of all services and associated fees.

Resources

Cappuccino and phone.

Tips for easy mobile banking

Bank anytime, from anywhere with our mobile banking app.

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How to get started with online banking

Access your accounts 24/7 with our secure online banking.

FAQ

No. There are no fees to open a US Dollar business high interest savings account, make deposits or transfer funds. Fees for other services may apply. 

You can withdraw money from your account by transferring funds with online or telephone banking to your US Dollar account at another Canadian financial institution. There are no fees to transfer funds.

You can deposit money into your account by transferring funds with online or telephone banking from your US Dollar business account at another Canadian financial institution. You can also mail in a cheque. 

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