Everyday Banking

Banking products and services for business.

Jamaica Deposit Insurance Corporation

Deposits in Jamaica are insured. The insurance covers up to JMD$600,000 per depositor, per institution. The more common ownership categories are: (1) Individual (2) Joint (3) Trust (4) Business Accounts (5) Nominee Accounts. For more information please visit: www.jdic.org

Chequing Account for business

  • Detailed banking statements
  • Access to many Scotiabank products and services
  • Free access to ATMs and Internet banking
  • Free cheques

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Savings Account for business

  • Easy access to your cash
  • Competitive interest rates with a minimum opening balance
  • JD or USD accounts with no monthly bank fees
  • Free access to ATMs and Internet banking

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Term Deposits for business

  • Term Deposits guarantee the safety of your initial investment.
  • Term Deposits give you peace of mind with a guaranteed rate of interest for the term of your investment.
  • Enjoy the potential for higher interest rates when you invest for the longer term.
  • Whether fixed or cashable, short or long term, Term Deposits give you the flexibility to decide what's right for you. A range of currency options is also available.

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