Banking & credit
For companies that earn or spend in U.S. dollars
If you invoice American clients or buy from American suppliers, converting every transaction costs more than holding the currency. A U.S. dollar business account removes the round trip.
Who uses it
Common situations
USD revenue
Client payments received and held in the currency they were billed in.
USD costs
Suppliers, software and contractors paid without a conversion on every invoice.
USD reserves
A currency buffer held deliberately rather than accumulated by accident.
How we set it up
We look at your annual USD inflows and outflows and hold roughly the natural offset, converting only the surplus and only when it makes sense.
The account is reviewed alongside your corporate reserves so currency exposure is a decision on the record, not a side effect.
Open a U.S. dollar business account
Your advisor arranges it and coordinates it with your corporate accounts.
Banking products are provided by Manulife Bank of Canada. Investco Financial advisors arrange applications and servicing; approval, rates and terms are set by Manulife Bank and are subject to its lending and account criteria.