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Saving Account

Saving Account

Saving Account
  • Available in Canadian Dollars Only.
  • Currently Interest is payable at the rate of 0.01% per annum.
  • Interest is calculated daily on your account closing balance and paid monthly.
  • Interest Rates are subject to change without notice (Latest Interest Rates).
  • Debit Card facility, Mobile Banking facility and Internet Banking facility are available.
  • A monthly account maintenance fee of CAD $10.00 shall be charged to the account. (Latest Service Charges).
  • The monthly account maintenance fee will be waived if you maintain a daily balance of CAD $200.00 for the entire month in the Savings Account. (The billing cycle for account maintenance fee is each calendar month).
  • 2 Debit transactions per month are included in the monthly administration fee.
  • Additional Transaction would be charged at the rate of $0.75 per debit transactions.
  • 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 www.cdic.ca.Information on deposit insurance is also available in the CDIC brochure entitled "Protecting Your Deposits")

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