Charles Schwab Canada has launched a new all-in-one financial management package that allows clients to combine banking and cash access services with their investment accounts.
The new SchwabOne account features chequing privileges, debit cards, Visa cards with a reward programme, bill payment, online and telephone-based banking, and brokerage services including stocks, mutual funds, and margin trading.
In addition, the SchwabOne account includes unlimited Interac and Plus ABM transactions.
Paul Bates, president and chief executive officer, Charles Schwab Canada, says: "This comprehensive financial management tool has proven to be an extremely popular service in the United States and we aim to provide similar convenience for our clients throughout Canada."
Banking products and services for the SchwabOne product are being provided by technology infrastructure company B2B Trust.