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U.S. Dollar Chequing · USD Basic / No Monthly Fee

U.S. Daily Interest Chequing Account

BOFNC-USD-001
USD
Active

Fees

Monthly fee
US$0.00
Monthly fee (senior)
Fee waiver balance
US$1,500.00
Fee waiver condition
Transaction fees waived if minimum daily balance of US$1,500 is maintained
Transactions included
N/A (per-transaction fee model)
Extra transaction fee
US$1.25
Interac e-Transfer fee

ATM fees

BOFNC ATM (domestic)
Other ATM (domestic)
US / Mexico ATM
Other international ATM

Interest & overdraft

Interest bearing
Y
Interest notes
Interest calculated daily on every US dollar held; rate per BOFNC's posted USD schedule
Overdraft protection
Subject to approval; 21% annual interest on overdrawn balance
Debit card included
N
Credit card rebate

Eligibility

Minimum age
Age of majority in province/territory of residence
Target segment
Cross-Border Shoppers / USD Holders
Eligibility
Age of majority; valid photo ID or 2 pieces non-photo ID; SIN; Canadian resident

Key features

  • Quick online CAD↔USD exchange via EasyWeb/BOFNC app
  • no debit card issued (non-transactional deposit account)

Opening channels: Online; Phone; In-Branch

Catalog last updated 2026-08-15 · Source