Scotiabank ATM Review 2022

ATM machine

As one of Canada’s five largest banks, Scotiabank Automated Teller Machines (ATMs) can be found across the country. These machines allow Scotiabank customers to make withdrawals and deposits, but can also be used by customers of other banks to withdraw cash. Here is our review of Scotiabank ATMs.

What denominations of bills can be withdrawn from a Scotiabank ATM?

In terms of the variety of denominations that can be withdrawn, Scotiabank ATMs stand out. They offer $5, $20, $50 and $100 bills. What’s more, Scotiabank machines allow users to choose the denominations they want to withdraw.

scotiabank atm

What are the withdrawal fees for non-customers?

Scotiabank customers, as well as those of its digital bank subsidiary Tangerine, can make withdrawals without paying a convenience fee at all Scotiabank ATMs. However, if you are not a Scotiabank or Tangerine customer, you will be charged a $3 convenience fee, plus any other fees charged by your financial institution.

The convenience fee does not represent the entire cost of withdrawing money from an ATM of a bank where you are not a customer. In addition to the convenience fee, there may be an Interac network access fee between $0 and $1.90, and a transaction fee between $0 and $2. Of course, you won’t pay any additional transaction fees if your banking package includes a certain number of transactions per month, or if you have a Canadian chequing account with no fees.

According to the Financial Consumer Agency of Canada, the total fee for withdrawing money from another bank’s ATM ranges from $1 to $7.90, and the fee for withdrawing money from a private ATM ranges from $1.50 to $8.90! 

scotiabank atm

How do I make a deposit at a Scotiabank ABM?

Scotiabank machines are state-of-the-art, so Scotiabank customers can deposit cash or cheques by inserting them directly into the deposit slots without an envelope. This envelope-less technology allows for faster deposit processing, and eliminates the need for Scotiabank customers to reschedule deposits due to envelope shortages.

How do I find a Scotiabank ATM?

Scotiabank ATMs can be found in most bank branches, but also in many stores and shopping centres. Specifically, a large number of Scotiabank machines are found in convenience stores across the country, including 287 Couche-Tard stores in Quebec. In English Canada, Scotiabank machines can be found at 7-Eleven and Quickie. 

The easiest way to find the Scotiabank ATM nearest you is to use the Scotiabank ATM Locator. Simply enter your postal code or city, and the locator will generate a map showing nearby Scotiabank machines. 

scotiabank atm

What we think of Scotiabank ATMs 

Variety of denominations offered5/5
Withdrawal fee for non-customers4/5
Deposit experience5/5
Accessibility of counters5/5
According to our analysis grid, Scotiabank ATMs are among the most competitive in Canada. In fact, we believe they deserve an overall rating of 4/5.4.75/5
Arthur Dubois is a personal finance writer at Hardbacon. Since relocating to Canada, he has successfully built his credit score from scratch and begun investing in the stock market. In addition to his work at Hardbacon, Arthur has contributed to Metro newspaper and several other publications