AMEX Bank of Canada
From Wikipedia, the free encyclopedia
AMEX Bank of Canada is a unit of American Express Canada (AMEX Canada) and is owned by American Express of the United States. It is a provider of account products and various credit card services. American Express Canada was founded in 1853 in Toronto, however it currently has its headquarters of 3,000 employees in Markham, Ontario, as well as an office in Hamilton.
The company began operations as a bank on 01 July 1990 following an order-in-council made by the Brian Mulroney government on 21 November 1988. This decision was not without controversy as federal banking policy at the time would not ordinarily have permitted American Express to operate as a bank.
Contents |
[edit] Services
Products offered by the bank include:
- AMEX Investment Savings Account
- AMEX RSP Investment Savings Account
- AMEX Business Investment Savings Account
- AMEX Term Loans
- American Express Private Banking
- Certified Cheques
- Travellers Cheques
- RSP
- Insurance
- AMEX Airmiles Card
- AMEX Airmiles Gold Card
- AMEX AeroplanPlus Card
- AMEX AeroplanPlus Corporate Card
- AMEX AeroplanPlus Gold Card
- AMEX AeroplanPlus Platinum Card
- AMEX COSTCO Platinum Cash Rebate Card
- AMEX Holt Renfrew Card
- AMEX Platinum Card
- AMEX Tiger Woods Card
- AMEX Gold Card
- AMEX Corporate Cards
- The Holt Renfrew Card From American Express
[edit] Membership
AMEX Bank of Canada is a member of the Canadian Bankers Association (CBA) and is a registered member of the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of:
[edit] Sources
Newman, Peter C. (July 30, 1990). "The brash new kid on the block. (American Express Co. opens Amex Bank of Canada amid controversy)"(column). Maclean's, July 30, 1990 v103 n31 p33(1)
