Available currencies

Did you know we are the only Canadian bank to offer personal deposit accounts in Indian Rupee (INR) and Philippine Peso (PHP)?

CNH (Chinese Yuan) Savings Account

INR (Indian Rupee) Savings Account

EUR (Euro) Savings Account

PHP (Philippine Peso) Savings Account

GBP (British Pound Sterling) Savings Account

Benefits and features
  • Easily transfer funds between your Simplii Financial Foreign Currency Savings Account and other Simplii Financial accountsⓘ through online or mobile banking at competitive exchange rates 
  • No monthly fees
  • No minimum balance required

You can’t make cash deposits or withdrawals with a Simplii Financial Foreign Currency Savings Account, and there is no ATM access or point-of-sale capability at this time. Try our No Fee Chequing Account for day-to-day banking.

New

Send money abroad with no transfer fee

Send money to the local currency country with Simplii Financial Global Money Transfer.

Learn more about Global Money Transfer

How to get started


If you’re an existing Simplii Financial client with a No Fee Chequing Account or High Interest Savings Account, apply for a Foreign Currency Savings Account through online banking or by calling us.

Apply now   Opens in a new window.

Funding your Simplii Financial Foreign Currency Savings Account is simple. You can:

  • Transfer funds from your Simplii Financial No Fee Chequing Account, USD Savings Account, High Interest Savings Account, Personal Line of Credit or other Foreign Currency Savings Account

Interest rates

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Interest is calculated on the daily closing balance and is paid into your account monthly. Rates subject to change without notice.

Frequently asked questions
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