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The bank was established on 23 June 1817 [11] when a group of merchants signed the Articles of Association, formally creating the "Montreal Bank". [4] The signors of the document include Robert Armour, John C. Bush, Austin Cuvillier, George Garden, Horatio Gates, James Leslie, George Moffatt, John Richardson, and Thomas A. Turner.
BMO Bank, N.A. (colloquially BMO; US: / b iː m oʊ /) is a U.S. national bank headquartered in Chicago, Illinois.It is a subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation).
The Bank of Montreal Museum features exhibits about the history of the bank, including a 19th-century teller's window, photos, coins and banknotes, cheques, and mechanical piggybanks. The displays are located in the passage between the old building and the current head office. The museum is open during regular bank hours and admission is free. [5]
Bank of London and Montreal; Bank of Montreal Building (Sydney, Nova Scotia) Bank of Montreal Building (Toronto) Bank of Montreal Building (Victoria, British Columbia) Bank of Montreal Head Office; Bank of Montreal National Historic Site; Bank of Montreal v Innovation Credit Union; Bank of Montreal v Marcotte; Bank of the People; BMO Center ...
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A loss payee clause (or loss payable clause) is a clause in a contract of insurance that provides, in the event of payment being made under the policy in relation to the insured risk, that payment will be made to a third party rather than to the insured beneficiary of the policy.
The amount can be paid into any bank account, which need not belong to an organisation vetted by the payer's bank. A direct debit requires the payer authorize the payee take a direct debit for any amount at any time, or to instruct the bank to honour direct debit requests from a specified payee. The payee has full control over the payments.
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