Skip navigation
    News Releases Signup for News Alerts Media Contacts Executive Bios Corporate Fact Sheet BMO Expert Insights
    Navigation skipped

    News Releases

    Harris Launches Online Banking for Business Service for Global Treasury Management Clients

    Harris Launches Online Banking for Business Service for Global Treasury Management Clients

    SAN ANTONIO and CHICAGO, November 8, 2010 – Harris Bank, and its parent company BMO Financial Group (NYSE, TSX: BMO), announced today that they have launched a powerful, new treasury management platform that will help large corporate and commercial clients manage their day-to-day banking needs online.

    The new service, entitled "Online Banking for Business," is designed to significantly improve online usability and security.  It will be introduced to all Harris Commercial Banking clients in 2011, ensuring they have access to a single point of entry to manage all global cash management and foreign exchange services online.  

    The new service is designed to create power, personalization, and performance that will transform clients' online banking experience. It will feature a new home page and customized options to provide a quick and complete view of a client's banking relationship to help make important treasury management decisions. The online service is also set to include the ability to centrally manage investments, loans, trade finance and corporate card transactions.

    "We designed this platform, first and foremost, from our clients' perspective," said Ste phen Rogers, Managing Director, Global Treasury Management, Harris Bank.  "Everyone's needs are different; and with that in mind, we focused on taking a personalized approach, one that allows the client to define their own experience."

    "Next generation banking platforms such as Online Banking for Business set themselves apart by putting the workflow of the client at the center of the action," says Marc Harrison of Greenwich Associates, a Connecticut-based consulting firm which provides independent market analysis. "Online Banking for Business provides the opportunity to view information regarding cash balances and FX in a single location.  Online Banking for Business provides enhanced administration for seamless access to cross border capabilities which is a competitive differentiator for BMO and Harris."

    "It's about bringing power to our clients," said Rogers.  "Their time is more valuable than ever, and our new platform will ensure they make the most of their treasury management experience with Harris Bank."

    About Harris
    Harris is an integrated financial service organization providing more than 1.3 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.

    Harris® is a trade name used by various financial service subsidiaries of Harris Financial Corp. Banking products and services are provided by Harris N.A., The Harris Bank, N.A. and their bank affiliates, Members FDIC. Brokerage products are offered through Harris Investor Services, Inc. (HIS), a registered broker/dealer, member FINRA/SIPC, and SEC-registered investment advisor. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc. (HBIS). Investment banking serv ices are provided by BMO Capital Markets Corp. (BMOCMC) and BMO Capital Markets GKST, Inc. (GKST), a Municipal Bond Dealer and member FINRA and SIPC. Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blayney, Inc. (HSBSB), an SEC registered investment advisor. Family Office Services are provided by Harris myCFO, Inc. Investment advisory services are offered by Harris myCFO Investment Advisory Services LLC (HmyCFO), a SEC-registered investment advisor and wholly-owned subsidiary of Harris myCFO, Inc. Stoker Ostler Wealth Advisors (SOWA) is an SEC-registered investment advisor. Investment advisory services to institutional clients are provided by Harris Investment Management (HIM), an SEC-registered investment advisor. Products offered by HIS, HBIS, BMOCM, HSBSB, HmyCFO and HIM, affiliated companies and are wholly owned subsidiaries of Harris Financial Corp.,: Are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or guaranteed by Any Bank or Bank Affiliate, May lose Value. The purchase of insurance or an annuity is not a condition to any bank loan or service. Not all products and services are offered in every state and/or location.


    For further information:

    Patrick O'Herlihy (312) 461-6970

    Disclosure

    App Store is a service mark of Apple Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. 

    Android, Google Play, and the Google Play logo are trademarks of Google Inc. 

    Banking products and services are subject to bank and credit approval and are provided in the United States by BMO Bank N.A. Member FDIC.

    equal housing lender NMLS 401052

    Notice to Customers  

    To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. L. 107 56 signed into law October 26, 2001) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask you to provide a copy of your driver's license or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. If the requested information is not provided within 30 calendar days, the account will be subject to closure.  

    Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites.  

    Please review the privacy and security policies of web sites reached through links from BMO web sites. This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.