Business Chequing Account CAD CDIC Insured
BMO Bank of Montreal

Everyday Business Account

A flexible, cost-effective chequing account for both digital and in-branch banking. Includes 35 transactions.

Interest rate Not listed
Monthly fee $25/mo
Transactions 35/month
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Additional promotion

Includes unlimited Moneris® transactions, 25 deposited items, and $2,500 cash deposits per month.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

COSTS

Fees and account limits

Monthly fee$25/mo
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactions35/month
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Paper Statement FeePaper statements are $5.00 per month. Electronic statements are $0. - Unlimited -
Debits Exceeding Monthly LimitsTransactions over 35 limit: $0.60 electronic/ATM, $1.50 in-branch. Excess deposited items: $0.25 each. Excess cash deposits: $2.50 per $1,000. - Per Use -
Interac e-Transfer Fee15 Interac e-Transfers included. $1.50 per additional transfer. - Per Use -
ACCOUNT EXPERIENCE

Features and benefits

Online and Mobile Banking

Unlimited transfers between your BMO accounts. Access to BMO Online Banking for Business (OLBB) available for a fee. Includes Business Premium Rate Savings Account at no cost.

CDIC Insured

Eligible for CDIC Insurance.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

COVERAGE

Registration, networks and availability

Registration options

  • CORPORATECorporate / Non-Personal
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with BMO Bank of Montreal before opening the account.

Product information last reviewed or updated Mar 12, 2026.