UBC Reports | Vol. 47 | No. 20 | December 13 , 2001

HSBC to provide banking services to university

The university has signed an agreement with HSBC Bank Canada to provide institutional banking services.

All tuition payments are now accepted by HSBC bank branches across Canada, or through HSBC telephone of Internet banking services. Tuition payments will no longer be accepted by the Bank of Montreal.

HSBC was awarded provision of the university's institutional banking services after a request for proposals was undertaken by Supply Management. Responses to the request were reviewed by a committee composed of key campus stakeholders, including Student Services, Treasury, Food Services, the Faculty of Forestry and the Faculty of Commerce and Business Administration.

For details of the new institutional banking procedures now in effect, including procedures for petty cash and deposits, visit www.finance.ubc.ca/HSBCbanking_procedures.htm.