Home . Blog . Calculators . Open an Account . Contact Us
Welcome to Scotia DBG Investments

SAVINGS MENU



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

US$ 'A' Account

Scotia DBG Merchant Bank (Scotia DBG MB) US$ 'A' 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 US$ 'A' 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 US$ 'A' Account is US$10,000.

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 US$ 'A' Account is right for me?

The US$ 'A' 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?

US$ '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 a high- yield US$ 'A' 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.