BANK OF MONTREAL LAUNCHES ONLINE CASH MANAGEMENT SERVICE
By Adnews Staff
The Bank of Montreal is targeting small and medium-sized businesses in British Columbia with its latest Internet service that was launched this week. Called Directline PC Banking for Business, the plan allows clients to access the bank's products and services including real time account information and funds transfer for unlimited amounts between the Bank of Montreal same currency accounts and up to $1 million(US) between Canadian and U.S. dollar accounts. In addition, customers can consolidate funds from different Canadian financial institutions into a central Bank of Montreal account. Directline will be rolled out nationally next year. The service is being promoted using direct mail done by Vickers & Benson Advertising of Toronto.