BMO Bank of Montreal

BMO Bank of Montreal

August 29, 2011 12:55 ET

BMO Opens New Branch in Vancouver-The First Bank Branch in Canada to Offer Foreign Exchange ATM

- New branch represents $1 million investment into the community

- Added customer convenience includes Safestore Automated Vault and Discovery Centre

- 'Making Money Make Sense' in five languages: English, Cantonese, Mandarin, Taiwanese and Fookien

- Open seven days a week with extended banking hours

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 29, 2011) - BMO Bank of Montreal today announced BMO's new Oakridge Center branch in Vancouver, B.C. will be the first bank branch in Canada to offer a Foreign Exchange Currency (FX) ATM. The new service offers customers instant access to U.S. Dollars, British Pounds, Euros and Mexican Pesos.

"Among Canadians, British Columbians are frequent travellers abroad," said Jennifer Muench, Vice President, Vancouver District, BMO Bank of Montreal. "Partnering with Thomas Cook to offer this FX service will provide local residents this added banking convenience when planning a trip."

The newly relocated branch, now at 103 - 650 West 41st Avenue in the Oakridge Center, represents a $1 million investment into the community and offers customers a wide range of innovative banking tools and financial services. In addition to the FX ATM, the branch also features the "Virtual Advisor," a webcam video conferencing service that offers immediate access to additional BMO financial experts such as mortgage specialists and financial planners, and the 'Discovery Centre', a computer kiosk used to access Online Banking, financial tools and calculators, and view a demonstration of BMO MoneyLogic, an intuitive online tool designed to help consumers budget and save money.

"These innovative technologies are designed to make our customers' financial transactions easier and more convenient," said Terry Tan, Oakridge Branch Manager, BMO Bank of Montreal. "The new branch, located in one of Vancouver's most prestigious malls, includes a team of financial experts, cutting-edge service technology and extended banking hours that will provide this vibrant and diverse community with a great customer experience."

The state-of-the-art facility also offers two ATMs, access to commercial account and deposit services, a complimentary coin counter, and a Safestore Automated Vault which offers safety deposit boxes.

"To celebrate the opening of our new branch, we encourage new customers to open a Youth Account between August 29th and October 31st and receive a matching $25 deposit, courtesy of BMO," added Mr. Tan.

BMO's new Oakridge Center branch hours of operation are:
Monday to Friday: 9:30 am – 6:00 pm
Saturday: 9:30 am – 6:00 pm
Sunday: 11:00 am – 6:00 pm

The new Oakridge Center branch is a relocation of the former BMO Oakridge Safeway; however the ATM will remain in the Safeway location for customer convenience.

BMO in the Community

Since its founding in 1817 as Bank of Montreal, BMO has been committed to corporate and social responsibility. In 2008 BMO announced its largest donation to date in the province - $2 million to BC Children's Hospital. BMO is also proud to be the first Founding Partner of Vancouver Whitecaps FC, presenting sponsor of Extreme Dinosaurs at TELUS Science World and a major donor to the VanDusen Botanical Garden capital campaign with the naming of the BMO Great Hall in the new Visitor Centre, opening in September 2011.

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