Nature of Business
Established in 1817 as Canada's first chartered bank, Bank of Montreal (listed on TSX, NYSE exchanges: BMO), is a highly diversified financial services organisation that provides a broad range of personal and commercial banking, wealth management and investment banking products and services to over 12 million clients internationally.
BMO operates globally in major financial markets and trading areas in Canada and the United States, and has operations in 23 other jurisdictions in Asia and Europe. BMO is the 8th largest bank in North America by assets.
In Singapore, BMO provides Private Bank services to its wealth management clients while BMO Capital Markets provides trade finance, foreign exchange, and liability products to its global clients operating in Singapore.
BMO Private Bank provides a comprehensive range of financial and wealth management solutions to an international client base of high net worth individuals and their families. Services include wealth planning and succession planning, trust and fiduciary solutions, investment advisory, discretionary investment management, as well as traditional banking services including credit facilities and global custody.
Our trade finance professionals provide the knowledge and expertise to BMO's global clients to build and maintain a productive import or export business. BMO provides the full suite of trade finance products and services, including:
- Issuance, confirmation, discounting and refinancing of documentary letters of credit
- Stand-by letters of credit or guarantees
- Documentary collections
- Buyer credits
- Supplier credits
- Leading-edge technology