SCOTIABANK OFFERS NEW SMALL BUSINESS SERVICE
By Adnews Staff
Toronto-based Scotiabank is targeting small business owners with its latest service. Called Scotiabusiness Electronic Banking, the service will let small business customers bank by automated banking machine, Interact direct payment, telephone or personal computer via the Internet. The service's features include: one Executive ScotiaCard, Deposit ScotiaCards for key employees, the ability to make purchases through the Internet, access to loan balances, next payment amounts and due dates, the ability to make operating loan transactions including pay-downs and the ability to transfer funds between accounts. Other highlights inlcude the ability to pay bills to over 1,400 companies directly from a Scotiabank account, postdating bill payment and transfers between accounts up to 40 days in advance. Scotiabusiness is being promoted in trade journals and daily newspapers across Canada. The ads were created by Cossette Communication-Marketing of Toronto.