Consumer’s boon

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Possible Answers: SALE.

Last seen on: New York Times Crossword 31 Aug 17, Thursday

Random information on the term “SALE”:

Bank of China (Canada), commonly known as BOCC, is the Canadian of subsidiary of the Bank of China (BOC). It provides consumer banking services targeted toward Chinese Canadians as well as business banking for companies from one country wishing to do business in the other.

The Bank of China began its business in Canada by opening a representative office in Toronto on September 8, 1992. A new Canadian bank, the Bank of China (Canada), was incorporated as a subsidiary of BOC in 1993 under Schedule II of the Bank Act.

BOC Canada has 10 locations, two of which are in testing phase and expected to open in the near future:

BOC Canada is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada’s chartered banks. It is also a member of Interac, which handles transactions between automated teller machines of different banks and debit card transactions.

SALE on Wikipedia