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Customer Notice
Please be advised that effective June 1, 2024, there will be changes to some of our branch transactions and fees. For a full list of these changes, please review the Schedule of Rates and Fees on our website tc.scotiabank.com.
Changes To Branch Transactions
In-branch deposit for all business clients
Business deposits will only be facilitated via the Bank’s night depository services. To assist our business clients with this transition, the fee for the first year will be waived.
In-branch wires for business clients
Business wires will only be facilitated through the Bank’s Cash Management Services (CMS).
We apologise for the any inconvenience caused. As we continue our digital transformation journey, we also remain committed to providing you with best in class banking services.
Fee & Rate changes
Summary of Fee Increase Review
Effective June 1, 2024*
| Product/Service | New Fees |
| Retail Banking Accounts | |
| Primary Savings (CAD,EUR,GBP) | $10.00 |
| Lending | |
| Fee to complete Property Discharge/Satisfaction | $100.00 |
| Sundry Fees | |
| Request to Change Signatories (business/commecial/non-profit) | $35.00 |
| Over the Counter Business Transactions | $25.00 |
| Outgoing Wire Transfer (Retail/Business/Corporate) Business wires on exception basis only |
$100.00 |
| Branch Transactions (Deposits & Withdrawal) without ScotiaCard | $10.00 |
| Coin Exchange Fee | $2.00 per $100.00 |
| Overrun Fee (minimum) + 2% of the overrun amount | $250 |
| Overrun Rate | 20% |
| Special Clearing Fee (for local cheques) | $50.00 |
| Standing Order Fee | $7.50 |
| Standing Order Amendments | $10.00 |
Please feel free to contact us at any time at (649) 941-7774 if you have any questions.