Everyday Banking

Banking products and services for business.

Business account requirements

Interested in opening a business account?

Required documents

Products

Chequing and Savings Accounts tailored for your daily and long-term business plans.

The Bahamas' Deposit Insurance Corporation (DIC) is a public corporation, established under the Protection of Depositors Act, 1999.The DIC is managed by The Central Bank of The Bahamas (CBoB).
All licensed banking institutions, with Bahamian Dollar deposits, including Scotiabank (Bahamas) Limited, must have membership with the DIC. The DIC insures Bahamian dollar deposits placed with a member institution in any of its branches in The Bahamas. Its primary objective is to minimize or eliminate the risk of the loss of savings of Bahamian dollar deposits. Each eligible deposit in a member institution is insured up to a maximum of B$50,000 per depositor. This coverage insures both principal and interest for eligible deposits at each member institution. Knowing that your deposits are protected should promote confidence and help to achieve the overall financial stability objective of the CBoB and licensed financial institutions like Scotiabank (Bahamas) Limited. For more information follow The Bahamas' Deposit Insurance Corporation's link below: http://www.dic.bs

Chequing Account for business
  • Detailed banking statements
  • Access to many Scotiabank products and services
  • Access to ATMs and Internet banking
  • Chequing privileges
Savings Account for business
  • Easy access to your cash
  • Competitive interest rates with a minimum opening balance
  • Free banking statements quarterly
  • Access to ATMs and Internet banking

Savings and Investing

Our solutions ensure that your surplus funds earn competitive rates of interest
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.
Need help managing your cash flow?

Our Scotia Cash Flow for business Tool can help you analyse cash flow and create sound projections.

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