Scotiabank Launches Modernized U.S. Cash Management Platform via ScotiaConnect

BNS
October 31, 2025

Scotiabank launched its modernized U.S. Cash Management program on October 31 2025, powered by the cloud‑based treasury platform ScotiaConnect.

The platform offers a full suite of U.S. deposit solutions—including savings, operating, and term deposits—along with ACH, wire, and account transfer capabilities. It provides real‑time visibility into account balances, a secure online portal, and host‑to‑host connectivity that enables seamless integration with Scotiabank’s cash‑management services across the bank’s footprint.

By unifying and modernizing cash‑management capabilities across the North American corridor, Scotiabank aims to capture the $1.4 trillion cross‑border trade market. The platform is already live in Mexico and will be rolled out in phases across the U.S. network.

The launch supports Scotiabank’s strategy to deepen client relationships and expand its presence in the U.S. and Mexico, positioning the bank to serve multinational customers with streamlined treasury operations.

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