Foreign currency accounts

Account in euros

If you plan to receive or send funds in euros, we suggest you open a euro account with Laurentian Bank, so you don’t need to convert amounts into Canadian dollars until you decide to do so.

U.S. Bank US-dollar account

In order to make exchanges with your American customers easier and reduce payment times, Laurentian Bank offers a U.S. Bank US-dollar account to all client businesses with US-dollar accounts. This means you can deposit and cash cheques in US dollars through an American payment system, and your business can easily issue cheques drawn on the U.S. bank.

Features

  • An account statement listing cashed cheque numbers and amounts can be sent by fax or e-mail to simplify your account reconciliation
  • Total amount of cashed cheques will be debited from your Laurentian Bank client account