{"id":892305,"date":"2020-12-08T09:39:14","date_gmt":"2020-12-08T14:39:14","guid":{"rendered":"https:\/\/www.finder.com\/ca\/?p=892305"},"modified":"2026-09-02T10:36:42","modified_gmt":"2026-09-02T14:36:42","slug":"scotiabank-scotia-euro-daily-interest-savings-account-review","status":"publish","type":"post","link":"https:\/\/www.finder.com\/ca\/savings-accounts\/scotiabank-savings\/scotiabank-scotia-euro-daily-interest-savings-account-review","title":{"rendered":"Scotia Euro Savings Account review"},"content":{"rendered":"
What are the benefits of the Scotia Euro Savings Account?<\/h3>
The Scotia Euro Savings Account comes with several benefits:<\/p>
Low monthly fees.<\/strong> The monthly fee for this account is only \u20ac1 (which is around CAD$1.50).<\/li><\/ul><\/li><\/ul>
Free transfers.<\/strong> You\u2019ll get two free teller-assisted transactions per month, but you won\u2019t be able to carry out online banking services with this account.<\/li>
No minimum deposits.<\/strong> There are no minimum deposit requirements to keep this account active.<\/li>
Competitive exchange rates.<\/strong> You\u2019ll be able to transfer your funds into euros and back to Canadian dollars with competitive exchange rates.<\/li><\/ul>
What should I look out for?<\/h3>
The Scotia Euro Savings Account comes with a couple of drawbacks:<\/p>
No online application.<\/strong> You won\u2019t be able to sign up for this account online since you can only sign up by visiting a branch in person.<\/li>
Limited transactions.<\/strong> You\u2019ll only get two free transactions per month and after that you\u2019ll be required to pay 2 free transactions per month (then \u20ac1.25 each).<\/li>
No online transfers.<\/strong> You won\u2019t be able to use your online banking to send or receive funds in this account (all transactions must be carried out at a branch location).<\/li>