BofA and Thomas Cook team up to offer foreign exchange services.SAN FRANCISCO--(BUSINESS WIRE)--May 8, 1997--Bank of America America [for Amerigo Vespucci], the lands of the Western Hemisphere—North America, Central (or Middle) America, and South America. The world map published in 1507 by Martin Waldseemüller is the first known cartographic use of the name. and Thomas Cook For the company, see Thomas Cook AG. Thomas Cook (22 November 1808 – 18 July 1892) of Melbourne, Derbyshire, founded the travel agency that is now Thomas Cook AG. He was brought up as a strict Baptist and joined his local Temperance Society. today announced a pilot program to market Thomas Cook Retail Foreign Exchange services through two BofA branches in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . In the two branches, Thomas Cook will provide a wide range of services to consumers, including foreign currency in more than 100 denominations, US and foreign currency travelers cheques, international wires and drafts, travel insurance, and pre-paid phonecards. The bank will launch the program at its One Powell Street branch in San Francisco and the Beverly-Wilshire branch at 9461 Wilshire Boulevard Wilshire Boulevard is one of the principal east-west arterial roads in Los Angeles, California, United States. It was named for H. Gaylord Wilshire (1861-1927), an Ohio native who made and lost fortunes in real estate, farming, and gold mining. in Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. . Each location will be staffed by Thomas Cook Retail Foreign Exchange professionals. "Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. is committed to providing consumers with a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. -- either directly or through partnerships with outside providers who can add value to our suite of products," said Jackie Buonassisi, vice president and product manager at Bank of America. "With more than 100 years selling travel-related financial services, Thomas Cook brings a wealth of experience that will benefit our customers." "We are delighted with the opportunity to add value to Bank of America in meeting the foreign exchange needs of the bank's customers as well as visitors to San Francisco and Beverly Hills," said David A. Casey, senior vice president for financial services at Thomas Cook. "Bank of America and Thomas Cook Retail Foreign Exchange bring a combination of two strong global brand names working together to provide foreign exchange expertise to our customers." Thomas Cook will market its services to existing Bank of America customers and to non-BofA customers in San Francisco and Beverly Hills, which are top West Coast destinations for travelers primarily from Europe, Canada and Japan. BankAmerica Corp. is the nation's third largest bank company, with more than 2,000 branches and 7,000 Versateller ATMs in 11 states. Through its Global Wholesale Group, BofA is one of the world's largest wholesalers of foreign banknotes. As of December 31, 1996, BankAmerica had approximately $251 billion in assets and $168 billion in deposits. Headquartered in the U.K., the Thomas Cook Worldwide Network serves approximately 20 million customers annually at more than 3,000 locations in more than 100 countries. Thomas Cook owns the world's largest network of retail foreign exchange bureaus with over 1,000 locations in 27 countries. CONTACT: Bank of America Betty Riess, 415/622-6397 |
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