Scotiabank is proud to be named ‘Best FX Bank in Canada’ by Global Finance for the second straight year, as part of the Global Finance Gordon Platt Foreign Exchange Awards for 2025.1 This award recognizes Scotiabank’s exceptional performance in 2024, driven by its products, outstanding service, and client-centric approach.
Each year, the editorial board of Global Finance selects the best financial service providers in a variety of categories to recognize the world’s best FX banks and technology providers for their achievements, including transaction volumes, scope of coverage, service, and innovation.
In 2024, Scotiabank earned the ranking of Canada’s top FX provider due to its leading role delivering best-in-class FX services for institutional, corporate, mid-market, small business, and retail clients. The Bank’s market-leading capabilities in sales, trading, strategy, and structuring played a crucial role in this achievement. Scotiabank’s active FX coverage now extends to more than 3,000 corporate clients and 10,000 mid-market and small business clients. The Bank offers 24-hour global service and trade execution through currency experts in major financial centres, as well as e-trading via multi-bank platforms and its proprietary platform, ScotiaFX.
The award is shared with Scotiabank’s clients, who have entrusted the Bank with their FX needs. Scotiabank has been privileged to share its expertise and support client requirements amidst market uncertainty in 2024.
Over the past year, Scotiabank’s FX franchise has undergone a significant transformation to drive product innovation, enhance technology tools, and ensure a truly client-centric approach. The recognition from Global Finance is a testament to the exceptional performance and dedication to client service that Scotiabank has demonstrated throughout the year.
