Day by Day Plus US Dollar Account
The Day by Day Plus US Account is a chequing account designed for customers who do their everyday banking in US dollars. Fees are calculated in US currency as well.
This account is not accessible via LBCDirect Business. However, it is possible to make deposits at a 24-hour deposit box1, under certain conditions or at an automated banking machine (ABM).2,5
Characteristics:
- Interest-free account.
- Available transactions: deposits, withdrawals, pre-authorized debits and cheques.
- This account is available with paper or electronic bank statements, depending on your preference.3,4
- Fixed monthly fee of US$5.50.
Refer to the My Transaction Tools brochure for more details.
Legal notice
- Registration is required to use the 24h Deposit Box. Please inquire about the terms, conditions and availability of the service in branch.
- To use ABMs, you must have a Canadian dollar account. You can then trade to your account in US dollar from the latter.
- You will receive a bank statement only when you conduct more than five transactions per month. Applicable account maintenance fees will continue to be charged to your account.
- You must sign up to LBCDirect Business to access your electronic bank statements.
- Laurentian Bank automated banking machines do not accept US $ bills and other foreign currencies. Only Canadian bills and cheques in US and Canadian currency are accepted.
