1
Countries
1,900
Branches

About Bank of Montreal

Bank of Montreal (BMO) is a Canadian multinational investment bank headquartered in Toronto, Canada. The bank serves over 13 million customers, primarily in Canada and the United States. BMO offers a variety of financial services, including personal banking, commercial banking, wealth management, and investment banking. Its product offerings include chequing and savings accounts, US dollar accounts, and specialized accounts for students and seniors. BMO also provides online and mobile banking options, making it accessible for users on the go. The bank caters to a diverse clientele, including individuals, businesses, expatriates, and tourists, ensuring that various financial needs are met. With a focus on customer service and financial expertise, BMO aims to support its clients in achieving their financial goals. Readers should verify current terms, fees, and availability on the bank's official website before making decisions.

Please verify current terms on the bank's official website.

The available data on this bank is limited.

Learn more about banking in Canada or compare Bank of Montreal with other banks to find the best banking solution for your needs.

This page is for general information only and does not provide financial, legal, tax, or investment advice. Banking products, fees, eligibility requirements, and availability can change. Always verify details on the bank’s official website before applying or making decisions.

Services & Products

Available Services
Personal Banking
Commercial Banking
Wealth Management
Investment Banking
Online Banking
Mobile Banking
Insurance
Digital & Key Features
Online Banking Mobile Banking Multi-Currency Investment Insurance
Target Audience
Individual Business Expat Tourist

Who is this bank best for?

Ideal for
  • Business customers
  • Expatriates and international customers
  • Travellers and occasional international users
  • Customers looking for wealth management
  • Customers in Canada and in regions where the bank operates

Why This Bank?

Pros
  • Presence in 1 countries
  • Comprehensive banking services
Considerations
  • Fees and requirements may vary by country
  • Account opening requirements depend on location
  • Service availability may differ by region
  • Contact bank directly for specific fee information

Fees & Costs

What you can expect to pay. Bank fees vary significantly by account type, country, and customer profile.

Common fee categories at most banks
  • Monthly maintenance fees (often waived with minimum balance)
  • ATM withdrawal fees (own network vs partner ATMs)
  • Foreign transaction fees (typical range: 0%–3%)
  • International wire transfer fees (SWIFT)
  • Currency conversion markup
  • Overdraft and late payment fees

View Bank of Montreal's official website →

Account Opening

What it takes to open an account.

Unknown Requirements vary by country. Check the bank's website.

Typical for Canada: ID, proof of address. Confirm on the bank's site.

Who Is This For?

Individual

This bank offers services suitable for individuals.

Business

Delivers robust commercial banking services, including financing, treasury management, and international trade solutions for growth and operational efficiency.

Expat

Offers international money transfer services, US dollar accounts, and comprehensive wealth management solutions to support cross-border financial needs.

Tourist

Provides convenient access to ATMs and widely accepted credit cards across Canada and the US, along with travel insurance options.

Compare with similar banks See alternatives for expats See alternatives for businesses

Banking in Canada:

Banks in Canada Best for Expats Open Account Guide

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Products & Accounts

Account Types
  • Chequing Accounts
  • Savings Accounts
  • US Dollar Accounts
  • Student Accounts
  • Senior Accounts
  • Business Chequing Accounts
  • Business Savings Accounts
Credit & Products
  • Mortgages
  • Home Equity Lines of Credit (HELOC)
  • Personal Loans
  • Lines of Credit
  • Credit Cards
  • Business Loans
  • Commercial Mortgages
  • Equipment Financing

About the Bank

Bank of Montreal (BMO) is a Canadian multinational investment bank headquartered in Toronto, Canada. The bank serves over 13 million customers, primarily in Canada and the United States. BMO offers a variety of financial services, including personal banking, commercial banking, wealth management, and investment banking. Its product offerings include chequing and savings accounts, US dollar accounts, and specialized accounts for students and seniors. BMO also provides online and mobile banking options, making it accessible for users on the go. The bank caters to a diverse clientele, including individuals, businesses, expatriates, and tourists, ensuring that various financial needs are met. With a focus on customer service and financial expertise, BMO aims to support its clients in achieving their financial goals. Readers should verify current terms, fees, and availability on the bank's official website before making decisions. Please verify current terms on the bank's official website. The available data on this bank is limited.

Sources & disclaimer

Independent information page. We are not affiliated with Bank of Montreal or any other bank. All trademarks belong to their respective owners. Data is compiled from official bank websites, financial regulators, Wikipedia, and OpenStreetMap. Fee and eligibility details can change; always confirm on the bank's official site before opening an account.

Last updated: May 6, 2026 · For information only; not financial, legal, or tax advice. Full disclaimer