Bank of Montreal and Mail Boxes Etc to test shared branch

Bank of Montreal and US postal services company Mail Boxes Etc have struck an agreement to test a shared-site concept at the bank's Toronto-area branch.

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Bank of Montreal and Mail Boxes Etc to test shared branch

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Over the next eight weeks, the traditional branch will be renovated into shared premises to include space for a new 800 sq. ft. Mail Boxes Etc. Centre, open six days a week from 8:30am to 5:30pm Monday through Friday and from 10:00am to 3:00pm on Saturday. The remodelled branch will also include a vestibule area that provides 24-hour access to banking machines and Mail Boxes Etc. mail boxes.

BMO customers will have access to a full range of MBE business services including Xerox quality digital copiers, scanners, finishing services, computer workstations, document transfer and courier services, and worldwide UPS/Fed Ex services.

"The Queensway and Kipling branch is a full-service location with a large and active number of retail and business clients," explains Dean Kriekle, senior vice-president, Bank of Montreal. "The branch is located in a community characterised by small businesses, home-operated businesses and retail service providers, ideally suited for Mail Boxes Etc.’s services."

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