Balances Management
Automatically manages your account balances for you.
Product benefits
- Minimize overdraft charges.
- Save time spent on account monitoring.
- Reduce idle funds.
- Optimizes cash flow.
- Allows you to set the minimum account balance.
- Maintains minimum balances to qualify for interest payments.
Account details
- Fees are charged per day on each account that is part of the service. Report fees are extra.
- One way flow of fund to cover deficit in the selected account.
- Available in CAD and USD; however, each currency will required its own agreement.
- Scotia Power Savings for business and Right Size Savings for business accounts are ineligible for this service.
Related services
ScotiaConnect Digital Banking
Enhanced online business banking to approve and submit payments, check balances, EFTs, Wires, and more.
Mobile Deposit
Deposit a cheque with your smartphone.
Government Tax Payment
Pay and file your federal and provincial business taxes online
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This service can also link accounts held by separate legal entities if those entities are owned by a single legal entity and Scotiabank’s primary relationship is with that entity.