Skip to main content

​U.S. Dollar Business Account

A basic operating account for transacting in U.S. dollars. With it, deposit and withdraw as you need to, while saving on exchange fees.

Contact your preferred branch to open this account.

Man uses tablet in airport lounge.

Key Features


Incoming wires deposited in U.S. dollars
Funds will be received in U.S. dollars and will not need to be automatically converted to Canadian dollars.

Save money
Avoid currency exchange fees when travelling between the two countries.

Write cheques from your U.S. account.

Simple transfers
Move funds between your Canadian and U.S.dollar accounts.


Everyday Account Transactions & Fees

Monthly Fee  None
Required Minimum Balance None
Credit transactions – In branch deposits (cash or cheques) only 1 Free
Debit transactions – In branch withdrawals only Free
Debit transactions – Transfers between IC Savings Canadian and U.S. dollar accounts Free
Monthly eStatement  – Includes cheques image(s), front only Free


Click here for more information about all other account services and related fees.


Terms and Conditions

1 U.S. dollar cheques that are deposited are subject to a 15-day hold.