U.S. Chequing Account
Enjoy the flexibility of a chequing account with funds held in US dollars (USD). With this account, receive wires in USD without converting to Canadian dollars.
Contact your preferred branch to open this account.
Hold balances in USD and avoid conversion costs.
Move funds between your Canadian and U.S. accounts at IC Savings.
Easy withdrawals when travelling
When travelling in the US, withdraw cash from ATMs on THE EXCHANGE® network using your Member Card® debit card. Just look for the Accel network logo.
|Credit Transactions – Unlimited in-branch and electronic fund deposits||Free|
|Debit Transactions – Unlimited In-branch withdrawals||Free|
|Debit Transactions - Cheques drawn on account||$5.00 each|
|Electronic Funds Debits (Pre-authorized Payments)||$5.00 each|
|Transfers – Between your Canadian and U.S. dollar accounts at IC Savings||Free|
|Monthly statement - Printed and mailed||Free|
Click here for more information about all other account services and related fees.
FSRA's deposit insurance program does not cover foreign currency deposits. Learn more.
Terms and Conditions
1 THE EXCHANGE® is a registered trademark licensed for use in Canada by Ficanex Service Limited Partnership.
2 Member Card® is a registered certification mark owned by Credit Union Central of Canada, and is used under license.
3 Depending upon the ATM, the transaction may be surcharge-free. Otherwise, $3/transaction.