Scotiabank makes foreign exchange access easy
Scotiabank is the leading local provider of foreign exchange with a 21% market share, providing a comprehensive suite of foreign exchange products and services.
Our strong credit rating and global reach allow our customers to settle FX payables regionally and internationally, with reach across the Caribbean, the United States, Canada, Europe, Japan, and China. FX product offerings include spot transactions, forwards and swaps in the following G20 currency pairs: USD, GBP, CAD, EUR, BBD, KYD, XCD, JPY, CHF, and TTD. The service is efficient, and through our unique systems, allows easy negotiation of foreign exchange rates on behalf of clients through electronically submitted quotes.
The bank takes security very seriously and has developed high security standards and safeguards to ensure that our client information continues to be safe and protected. Through robust security features, including password protection to execute transactions such as funds transfers and FX purchases and sales, Scotiabank remains a leader in preventing FX transaction fraud.
Scotiabank has been recognised by Global Finance magazine as the 2017 World’s Best Consumer Digital Bank in Jamaica, and in 23 other countries across Latin America and the Caribbean. Scotiabank has been consistently recognised as the Best Consumer Internet Bank or Best
Consumer Digital Bank by Global Finance since 2009.
Scotiabank retail customers now have the additional benefit of accessing foreign exchange from our dual currency ABMs. This recently enhanced ABM feature facilitates the sale of foreign currency cash allowing customers to purchase US cash from their Jamaican dollar account based on their daily limits. Not only can you readily access foreign exchange, but customers with local currency debit and credit cards are also able to access foreign currency from ATMs overseas as well as make online purchases in foreign currencies. In addition as a member of the worldwide ATM Alliance Programme, Scotiabank enables customers to conduct transactions at ATMs from eight international banks free of cost.