The Bank Of New York Introduces Business Value Banking

Friday 16 January 2004 05:44 CET | News

The Bank of New York has introduced Business Value Banking(SM), a packaged suite of value-added products and services for small business clients.

Any customer who opens or currently has business and personal checking accounts qualifies for Business Value Banking. Business Value Banking packages business and personal checking accounts with a suite of additional services, including online banking with bill payment, debit card, merchant, and payroll services, as well as preferred pricing on lending and leasing. Business Value Banking consists of three distinct packages that are each designed to meet the needs of a particular customer segment. The Business Checking Edge package is targeted to sole proprietors and smaller businesses that typically transact fewer than 50 items per month. The BusinessLink Checking package is ideal for businesses that transact between 50 and 200 items per month and require additional services, such as wire transfers, stop payments and certified checks. The CheckInvest package is appropriate for those customers with more sophisticated business requirements who are looking to earn dividend income on their idle business account balances. Through its network of 341 branches and 65 business and professional financial centers in the New York metropolitan area, The Bank of New York offers traditional banking, financial planning, and insurance products to over 700,000 households and businesses through internet, telephone, ATM and branch banking. The Banks suite of small business products includes checking and saving accounts, investment products, lending and financing, employee and business owner services.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce