No service charges on these transactions until
July 31, 2020
MONTREAL, May 7, 2020 /CNW Telbec/ - National Bank is
proud to announce that it will be offering its personal banking
clients a new online solution to send money abroad. International
Transfer by Mastercard® and Interac® is
the first joint cross-border solution that allows clients
to send money from Canada to bank
accounts internationally. At first, clients will be able to
make transfers to 19 Eurozone countries. Other countries will
gradually be added, for a total of around 100. Clients will be able
to use this new product free of charge until July 31, 2020 via National Bank's online banking
platform. After that date, a fee of $5.95 per transfer will apply.
"Our clients will be the first in Canada to access this new solution, offered in
collaboration with two of our trusted partners. We're proud to be
part of the launch of this product. Our clients now have a fast,
simple and secure way to send money abroad, supported by trusted
payment networks. Given the current situation, it's more important
than ever to support our clients and offer solutions to make their
lives easier," said Gabrielle
Cournoyer, Vice-President – Card and Payment Solutions at
National Bank.
Related link
- Mastercard and Interac collaborate to give Canadians a fast,
simple and secure way to send money globally
About National Bank of Canada
With $289 billion in
assets as at January 31,
2020, National Bank of Canada, together with its subsidiaries,
forms one of Canada's leading
integrated financial groups. It has more than 26,000 employees in
knowledge-intensive positions and has been recognized numerous
times as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social
media such
as Facebook, LinkedIn and Twitter.
SOURCE National Bank of Canada