How do I withdraw funds from my U.S. dollar registered account online?

To withdraw from your U.S. dollar registered account online:

  1. From your Accounts page, select Transfers
  2. Select Registered Withdrawals and Currency Conversion
  3. Select Registered Withdrawals
  4. Select your U.S. registered account to withdraw from

You can withdraw both Canadian and U.S. dollars from the U.S. side of your registered account. Foreign exchange fees will be charged if you convert U.S. dollars into Canadian dollars. All fees and applicable taxes will be charged in Canadian dollars from the Canadian side of your registered account, so please ensure you have sufficient funds.

You won't be able to continue with the transaction if you don't have sufficient funds in the Canadian side of your account to cover withholding taxes and any other applicable fees. Please consult your tax advisor or the CRA for tax implications on withdrawn funds.

For more info on how currency conversions are handled for U.S. dollar registered accounts, please review Section 1.7 Currency Conversion and Foreign Exchange in the Scotia iTRADE Relationship Disclosure Document and Terms & Conditions (PDF)Section 1.7 Currency Conversion and Foreign Exchange in the Scotia iTRADE Relationship Disclosure Document and Terms & Conditions (PDF).

Last updated July 2, 2020