Business USD Savings account
Grow your USD savings.
No monthly account fee.
Key features.
Save on foreign exchange costs.
All your transactions are processed in USD, so you won’t be affected by fluctuating foreign exchange rates.
Earn interest.
With our tiered interest rates, the more you save, the more you earn.
The right fit if:
- You often travel to the US or hold assets there
- You don’t need to access your money through ATMs (you can still bank by phone, online, Member Services Centre and branches)
- You don’t need to withdraw funds by US cheque (you can still withdraw US cash or get bank drafts in person)
Account details.
How many transactions do you make every month? Choose a tier based on your banking habits. If you go over your monthly limit, an additional transaction fee will apply.
$0 USD
- Electronic§
- In-branch and Member Services Centre⁂
$0.75 USD per transaction
0.00%
0.02%◊
0.04%◊
Monthly fee | $0 USD |
|---|---|
Fee for transactions:
| $0.75 USD per transaction |
Interest earned with an account balance of $0 to $1,499.99 | 0.00% |
Interest earned with an account balance of $1,500 to $4,999.99 | 0.02%◊ |
Interest earned with an account balance of $5,000+ | 0.04%◊ |
Interest is calculated on the closing daily balance and paid monthly. Interest is earned in the currency of the account. Electronic transactions§ do not include Interac e-Transfers®. See the Business Service Charge Bulletin for a complete description of account fees.
As a member, you can count on:
- Your deposits in this account are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC).
- A local account manager to meet your unique needs
- Your deposits helping local green builders, community revitalizers, local entrepreneurs and job creators
Ready? Set up is easy.
If this account sounds like a good fit for you, we’ll guide you through these steps.
It starts with a call.
We’ll connect you with a branch account manager to better understand your business needs.
Then we’ll meet in person.
You’ll come in to the branch for the legal stuff. To prepare for your appointment, fill out and bring the forms for your business type.
Finally, we’ll take care of the rest.
We’ll set up your account and get you up and running in no time.
Already a member?
Reach out to your account manager directly to open this account. If you’re not sure who that is, book a phone appointment.
New to Vancity?
Choose a time that works for you, and one of our business account managers will call you.
Tools to build your business.
§ Electronic transactions are:
- Night deposit services
- Mobile, online and phone banking
- Cheque clearing/pre-authorized payment
- Pre-authorized credit
Interac e-Transfers® are not included. See the Business Service Charge Bulletin for full details on account fees.
⁂ Includes deposits, withdrawals, transfers and bill payments made in-branch or through our Member Services Centre.
◊ Interest is calculated on closing daily balance in an Account and paid monthly. Interest rate is per annum, simple interest (interest is calculated only on the original principal and not on the sum of the principal plus accrued interest). Interest earned in the currency of the Account. Rate is subject to change or may be withdrawn without notice at any time.
®Interac e-Transfer is a registered trade-mark of Interac Corp. Used under license.