Manulife USD account overview
You can benefit from a great interest rate and no need to have a minimum balance. Keep reading to find out more!
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Why bank with Manulife?
Manulife USD Account
Manulife Bank offers the US$ Advantage Account, a USD savings account available to Canadians who want to hold US dollars at a Canadian financial institution. The account is for those with US dollars who want to earn interest and get attractive rates during currency exchange.
The account offers a reasonable interest rate but works a little differently than a regular chequing-style USD account. Learn more about the account and how you can get maximum benefits.
The account offers a reasonable interest rate but works a little differently than a regular chequing-style USD account. Learn more about the account and how you can get maximum benefits.
How to Create a USD Account with Manulife
If you are not an existing client of Manulife Bank, you will need to first register. Here is the procedure you will need to follow:
Step 1: Fill in your name, date of birth, Social Insurance Number, and contact details.
Step 2: You will then create a registration code.
Step 3: The registration code will help you sign into online and mobile banking for the first time.
Step 1: Fill in your name, date of birth, Social Insurance Number, and contact details.
Step 2: You will then create a registration code.
Step 3: The registration code will help you sign into online and mobile banking for the first time.
Key features
Opening a Manulife USD account means your dollars earn more money. Here are some of the key features:
Keep more of your interest earned, as there are no fees
No charge to transfer money from your USD account at another Canadian bank into Manulife USD
No charge when you mail a USD cheque from another Canadian bank
No charge to transfer money to your USD account at another Canadian bank
Account Highlights
Monthly fees
No monthly fees.
Interest rate
A variable interest rate is applied to every dollar deposited into the account. This rate moves with Manulife's posted rates, so it's worth confirming the current figure on Manulife Bank's own rates page before publishing.
Minimum Balance
No minimum balance is required.