Increased CAD/USD Rate: Corporate Investment Savings Account (ISA) Rate – MARCH 26 2019

New Increased Rates on our CAD and US dollar corporate suite of ISA funds. Enjoy a higher base rate on our Corporate CAD and USD funds for deposits greater or equal to $7.5MM, effective as of March 26, 2019. Kindly refer to the table below for details.

CORPORATE / NON-PERSONAL CLIENTS
CORPORATE Series A
(Tiered)
CAD $0 - $99,999

$100,000 - Unlimited*
1.55%

1.70%
0.25%

0.10%
BNS: DYN6002
ADSB: DYN5002
USD $0 - $99,999

$100,000 - Unlimited*
1.65%

1.80%
0.25%

0.10%
BNS: DYN6003
ADSB: DYN5003
CORPORATE Series F
(Tiered)
CAD $0 – Unlimited* 1.80% n/a BNS: DYN6006
ADSB: DYN5006
USD $0 – Unlimited* 1.90% n/a BNS: DYN6007
ADSB: DYN5007

 

Rate increase applies to all issuers of corporate ISA’s as indicated above.
Funds codes for issuers not named in the table above can be located at: https://ads.scotiabank.com/Rates
For corporate ISA purchases over $50MM, please contact 1-866-884-3434 for approvals.

For more details, please speak with one of our ISA Specialists today at: 1-866-884-3434.

 

Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada.

1Interest rates are quoted per annum as of March 26th, 2019 and subject to change without notice. Interest is calculated daily on the opening balance of the account, excluding the date of purchase and is paid monthly on the last Friday of each month, or if the last Friday of any month is a holiday, on the immediately preceding business day. Daily interest will be calculated by multiplying the applicable annual interest rate by the daily opening balance, and dividing that amount by 365 or 366 in a leap year. Other Terms & Conditions apply. Visit http://ads.scotiabank.com for full details.

**Deposits from Financial Institutions or like entities which intend to hold Scotia and subsidiary ISAs on their own behalf (i.e. banks, mutual funds, credit unions, etc.) are prohibited.

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