Coastal Capital 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!

Trademark Disclaimer : Coast Capital* is a trademark of Coast Capital Savings with whom Remitbee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

Coast Capital USD Account

If you are doing a lot of transactions using USD, you can open the Coast US Chequing account. The account helps reduce the exchange fees when converting Canadian Dollars to USD and vice versa.

You enjoy transaction fee waivers when you maintain a minimum monthly balance of $1,000. That’s not all. Read on to learn what else the account has to offer.

How to Create a USD Account With Coastal Capital USD

You can open a Coast Capital USD account online in less than five minutes or by visiting one of their branches. Here are some of the requirements you’ll have to meet first:

Step 1. You must have your social insurance in handy.
Step 2. You should have reached the age of majority in the province you live in.
Step 3. If you are a new member, you’ll need to purchase $5 in membership equity shares.

Key features


The Coast US Chequing account allows you to write cheques in US dollars.

Look at some other key features for the account

  • ⬤ You will enjoy one free withdrawal per month and unlimited deposits.
  • ⬤ Free e-statements.
  • ⬤ Waived transaction fees if you maintain a minimum monthly balance of $1,000.

    • Monthly Fees & Interest Rate & Minimum Balance


    Monthly fees:

    Monthly fees apply if your account goes below $1,000.

    Interest rate:

    No interest earned.

    Minimum Balance:

    No minimum balance.

    Currency Exchange Using USD Account

    01
    Create your free account

    If you don’t have a RemitBee account, you’ll need to create one (https://www.remitbee.com/signup)

    Step 1 image
    02
    Go to the menu

    After signing up, go to the menu and select exchange currency. Enter the details of your currency exchange. You can move to the next step if no further verification is required.

    Step 2 image
    03
    Connect your accounts

    You can now link your CAD and Coastal Capital USD accounts.

    Step 3 image
    04
    Confirm your details

    Choose the amount and confirm your exchange rate. The transaction occurs between the two accounts via EFT.

    Step 4 image
    05
    You’re almost done!

    Convert your money.

    Step 5 image

    Other USD Accounts

    {section46Text}

    How_does_Currency_Exchange_Works_2_min_1dde59de3e