Bank of America announced today that it will be opening a bank account with Synchrony Bank online.
Synchronys account will allow customers to deposit cash directly into the account without having to visit a bank branch.
The bank said it will start accepting deposits on Tuesday.
“Synchrony is an industry leader in its industry, providing a comprehensive banking solution that supports the financial needs of consumers, businesses and communities,” Synchronies CEO and founder Michael Gerson said in a statement.
“With Synchronities access to a diverse customer base and diverse product offering, Synchronymarked as the #1 bank in Canada, we’re proud to join the Bank of Nova Scotia and Synchronous family of banks in offering our customers a convenient way to make deposits to Synchronity Bank.”
Synchronyt Bank’s website shows it has branches in the following markets: B.C. , Ontario , Saskatchewan , Manitoba and Alberta.
It’s also offering a virtual account to customers in Ontario.
Synchrots first online banking service will be available from 6 a.m. to 4 p.m., seven days a week.