Some Canadian banks and trust companies allow clients to purchase cryptocurrencies with Canadian dollars. For example, Bank of Montreal, Bank of Nova Scotia, Credit Union, and TD Bank Canada. Detailed information on banks and trust companies can be found below. Bank of Montreal The Bank of Montreal allows clients to make cryptocurrency purchases via Interac e-Transfers as long as the client has an active bank account with the Bank of Montreal. The maximum amount that can be purchased is $250,000 per day and $500,000 per month. Bank of Nova Scotia The Bank of Nova Scotia allows cryptocurrency and cash deposits and withdrawals on accounts and cards but no cash purchases. They allow a maximum amount of $50,000 per day and no place in between. Credit Union The Credit Union allows cryptocurrency purchases with Canadian dollars. They are also a cash-back credit union, which means monies deposited can be redeemed in the form of cash from over 600 different merchants across Canada. The maximum amount that can be purchased at any point in time is $10,000 per day. TD Bank Canada TD Bank Canada allows cryptocurrency purchases as long as they are purchased with Canadian dollars in a cash-loaded Interac e-Transfer or a debit card purchase. So for example, if you purchase BTC with your Debit card, it can be sent via direct bank transfer, but BTC cannot be purchased with a Credit card. The maximum amount that is allowed to be purchased per day is $25,000. HSBC Bank Canada The bank does not currently provide services related to alternative currency transactions like Bitcoin or Ethereum, but they did mention that they are in the process, according to an email from customer service in November 2017. Ontario Northland Credit Union The Credit Union currently does not allow digital currency purchases or cryptocurrency trading. The transfer limits vary depending on the individual credit union.