Personal Banking

USD Premium Demand Account

The USD Premium Demand Account is an interest bearing solution that is ideal for individuals or businesses. This is a premium financial product designed to offer both flexibility and a competitive rate of return to clients with large U.S. Dollar balances.

Effective August 1, please be advised that the rate paid on USD Premium Demand Accounts will change from 1.52% to 1.40%.


Product Details

  • U.S. Dollar demand account
  • Minimum deposit: $100,000
  • Maximum amount: $5,000,000
  • Interest compounded daily and paid monthly
  • No monthly interest will be paid if daily balances fall below $100,000 in any given day for the calendar month or for balances over $5,000,000
  • Statements generated quarterly

Product Benefits

  • Daily liquidity with a competitive return
  • Daily deposit and withdrawal capability
  • Provides premium rate of return combined with short-term flexibility