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The Laurentian Bank ABM network is expanding and becoming more accessible to its customers
Fri, 16 Feb 2018 15:01 GMT

Day-to-day banking with no additional ABM surcharge fees

MONTREAL, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Laurentian Bank customers can now benefit from more points of service to carry out most of their day-to-day transactions as they now have access to more than 3,600 ABMs from coast to coast, with no additional ABM surcharge fees1.

Through our partnership with THE EXCHANGE® Network, our customers can now bank at more locations using ABMs from over 170 participating financial institutions.

The following day-to-day transactions can be performed with no additional surcharge fees on THE EXCHANGE® Network ABMs:
 
• Withdrawals
• Deposits2
• Transfers between Laurentian Bank accounts
• Balance inquires
• PIN changes


To use one of these 3,600 points of service, 900 of which are in Quebec, our customers need only their Laurentian Bank3 client card. They will also be able to use their client card for withdrawals on the Accel® Network ABMs in the United States4.

"Our clients' habits are changing and so is our transactional offering. Our clients want to do their own day-to-day transactions conveniently, and with access to this vast network, that's exactly what they’ll be able to do”, says Stéphane Therrien, Executive Vice President, Commercial and Retail Services and President and Chief Executive Officer of LBC Financial Services.

Customers can easily locate a nearby ABM by downloading THE EXCHANGE® Network ABM Locator Application or by visiting our website.

About Laurentian Bank Financial Group

Founded in 1846, Laurentian Bank Financial Group is a diversified financial services provider whose mission is to help its customers improve their financial health. The Laurentian Bank of Canada and its entities are collectively referred as Laurentian Bank Financial Group (the “Group” or the "Bank").

With more than 3,700 employees guided by the values of proximity, simplicity and honesty, the Group provides a broad range of advice-based solutions and services to its customers through its businesses: Retail Services, Business Services, B2B Bank and Capital Markets. The Group - with pan-Canadian activities and a presence in the United States - is an important player in numerous market segments.
The Group has $47 billion in balance sheet assets and $32 billion in assets under administration.

Information:

Hélène Soulard
Assistant Vice President, Communications
514 284-4500, extension 8232
helene.soulard@lbcfg.ca


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THE EXCHANGE® is a registered trademark of Fiserv Inc., licensed for use in Canada by FICANEX Services Limited Partnership.

1 Additional transaction fees apply (withdrawal and/or transfer). For all the details, please refer to our Retail Services website or to our Business services website.

2 The Bank will place a hold on funds when cheques and commercial bills are deposited into a client’s account at an automated banking machine. Funds from deposits made at THE EXCHANGE® Network ABMs may be held for a maximum of five (5) working days. Deposits can be completed at deposit taking ABMs.

3 This service is available to all retail and commercial clients with an account where only a single cardholder’s signature is needed to carry out transactions.

4 Additional surcharge may be applied to Accel® transactions, depending on the ABM used. Customers can use the Accel® ABM locator at accelnetwork.com to find an ABM


Contact information for journalists and media
 

Merick Séguin
merick.seguin@
laurentianbank.ca

Cell : 514 451-3201

Economy
 

Sébastien Lavoie
Chief Economist
lavoies@vmbl.ca
Cell : 514-213-4571