BMO Digital Business Checking

The BMO Digital Business Checking Account offers a robust online banking solution tailored for businesses, providing unlimited free incoming ACH transactions and wire payments. This account is designed to streamline billing and invoicing through BMO Bill Connect and supports fee-free transactions at over 40,000 BMO and Allpoint® ATMs nationwide. Businesses can also deposit up to $1,000 in cash per statement period without incurring fees. The mobile app enhances banking flexibility, allowing users to deposit checks, pay bills, and transfer funds on the go. A minimum average collected balance of $500 waives the monthly maintenance fee, otherwise, a $10 fee applies. The account setup is straightforward, enabling businesses to apply online swiftly and verify identities via a simple selfie, avoiding the need for branch visits.