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NOTE: THESE PRODUCTS ARE OFFERED THROUGH OUR SUBSIDIARY SCOTIA DBG MERCHANT BANK LIMITED

Elite 'A' Savings Account

Scotia DBG Merchant Bank (Scotia DBG MB) Elite "A" Savings Account is for individuals and companies not resident in Jamaica, who seek a secure foreign currency account with a guaranteed, competitive rate of return.

Here's why you'll benefit from Scotia DBG MB's Elite 'A' Savings Account:

  • Interest earned on your account is TAX-FREE!
  • You can make withdrawals in US$, or the J$ equivalent
  • Obtain worldwide access to your funds through wire transfers.

What is the minimum deposit amount?

The minimum amount required to open an Elite 'A' Savings Account, it is US$1000.

Do I have ready access to my savings?

You will have the option of saving from 90-366 days, in increments of 90, 180, and 366.

How do I determine if the Elite 'A' Savings Account are right for me?

The Elite 'A' Savings Account is best suited for non-residents seeking tax-free, competitive returns in Jamaica.

Scotia DBG MB's Relationship Officers will provide further details and personally assist you in determining if this account is right for you.

How long do I have to deposit my funds to get the best rates?

Elite 'A' Account interest rates are tiered according to your deposit amount and tenure. Generally, the longer you save in this account, the greater your return.

How can I get started?

Our office is centrally located in New Kingston, where our friendly staff is available to assist you in opening an Elite "A" Savings Account. Come in and speak with one of our Relationship Officers today.

*Funds deposited must originate outside of Jamaica. This product is insured by the JDIC up to J$600,000 or foreign currency equivalent.