Chequing Accounts
- Available in both Canadian Dollars & US Dollars.
- No Interest is paid on deposit balances lying in the chequing account (Latest Interest Rates).
- A monthly account maintenance fee of CAD $4.00 / USD $4.00 shall be charged to the chequing account.
(Latest Service Charges) - This monthly account maintenance fee will be waived if you maintain a daily balance of CAD $1000.00 / USD $1000.00 for the entire month in your chequing account. (The billing cycle for the account maintenance fee is each calendar month); Also waived for Senior Citizens (>65yr), Youth (<18yr).
- Safety of Deposits: SBI Canada Bank is a member of CDIC. (To find out information about deposit insurance from the Canada Deposit Insurance Corporation including what instruments and/or products are eligible for deposit insurance, visit their website http://www.cdic.ca/. Information on deposit insurance is also available in the CDIC brochure entitled "Protecting Your Deposits")
