Term Deposits
There’s a term deposit that’s right for your businessA Term Deposit is a low-risk investment that offers a competitive rate of interest with the added security of a guaranteed return. With a variety of options to choose from, you can find the Term Deposit that suits your business's needs.
With Scotiabank Term Deposits you enjoy:
Security – With Term Deposits, your initial investment (principal) is protected.
Predictable Returns – Term Deposits give you a guaranteed rate of interest for the term of your investment.
Liquidity – With our range of other deposit products, you'll have the liquidity you need. Terms can be as short as 180 days or up to 5 years.
Fixed Term
- Guaranteed rate of interest
- Interest payment annually or at maturity
- Available terms from 180 days to five years
Fixed Term - Monthly Income
- Regular monthly income
- Higher rate of interest
- Available terms from one year to five years
Cashable
- Access to your savings anytime (after 31 days)
- Competitive rate of interest
- One year term available
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