Canada Trust (Toronto, Canada; $30 billion) introduced EasyWeb, a full-service Internet banking program at www.canadatrust.com. Canada Trust, one of the first banks in the world to offer Web-based account access in November 1995, (OBR 11/95 p.8) now offers full-service online banking in both Web and direct-dial versions. The direct-dial program, CTConnect, launched in May 1996, has 40,000 users. Canada Trust’s Internet access has 15,000 registered users. EasyWeb features access to loans, mortgages, and investments, along with the usual checking and savings account access. Canada Trust becomes one of just ten in the world to offer bill payment on the Web. EasyWeb includes an option to download data in QIF format for importing into Quicken or Microsoft Money. Later this year, Canada Trust will add a direct download link into Quicken 6.0 similar to Microsoft’s Active Statement (see related article p. 6-7).

Canada Trust promotes its EasyWeb front and center on first page of its Web site at .

There are no monthly fees for EasyWeb, but normal transaction fees apply (e.g. the bank’s personal banking service package which provides 25 monthly transactions for $7.95 CDN). Looking to drive customers to the Web program, Canada Trust instituted a $4.95/mo CDN fee for the direct-dial program, along with the same transaction fees as the Web version. Justin Bonar is Business Development Manager at Intuit Canada 416.756.3434 ext. 230. Chuck Hounsell is VP Distribution Development at Canada Trust, 519.663.2548.