Online Banking for Business

BMO

About this app

Our app lets you securely do your business banking on the go and offers many of your favourite features from BMO Online Banking for Business.

Protect your account with biometric security
• Easily sign in with your device’s face or fingerprint authentication
• Verify your identity with OTP, Biometric ID or RSA SecurID

Monitor Your Cash Flow
• Check real-time account balances and transaction history
• Get helpful Cash Flow Insights
• Quickly search for transactions

Send & Receive Payments
• Account Transfers: Instantly move money between your accounts or pay your BMO corporate card balances.
• INTERAC®* e-Transfer: Send or receive transfers; pay money requests. (Canada only)
• Wire Payments: Use your company’s beneficiary list or templates to send money around the world.
• Pay Another BMO Client: Instantly deposit money into the account of another BMO client. (Canada only)
• Generate a voided check/void cheque: View or download a voided check/void cheque showing account information for your CAD and USD deposit accounts.
• Bill Payments: Create your bill payments. Same-day processing coming soon. (Canada only)
• Zelle®: Send payments within the U.S. (U.S. only)

Mobile Approvals
• View pending approvals for all services
• Review and approve on your app:
- Wire Payments: templates, payments and investigations
- Account Transfers: transfers
- INTERAC e-Transfer: transfers and money requests (Canada only)
- Electronic Funds Transfer (EFT): templates, payers/payees, payment files, corrections and resubmissions (Canada only)
- Automated Clearing House (ACH): templates and payments (U.S. only)
- Recon Management – Positive Pay: Pay/Return decisions and decision approvals (U.S. only)
- Digital Cheque Service: Pay/Return decisions (Canada only)
- Tax & Bill Payments: tax and bill payments (Canada only)
- Zelle: payments (U.S. only)
- Real-Time Payments (RTP): transactions and return requests (U.S. only)
- Approve Users: new users and changes
- Approve Groups: new user groups and changes

Manage Your Users
• Unlock users
• Reset user passwords

Get Started
To use the app, you need to be registered for BMO Online Banking for Business. Simply use the same credentials you use to sign in on your computer.
Not a client of BMO Online for Banking Business? Visit bmo.com/main/business/online-banking-business for more information.

Important Disclosures
You acknowledge and understand that this app incl. updates or upgrades may
(i) cause your device to automatically communicate with BMO’s servers to deliver the functionality described above and to record usage metrics,
(ii) affect app-related preferences or data stored on your device, and
(iii) collect personal information as set out in our privacy policy. You can withdraw your consent at any time by uninstalling the app.

®Registered trademark of Bank of Montreal
®* INTERAC e-Transfer is a registered trademark of INTERAC Inc. Used under license.
Zelle® and the Zelle marks used herein are trademarks of Early Warning Services, LLC.
Real-Time Payments (RTP)® is a registered trademark of The Clearing House Payments Company L.L.C.
Banking products are subject to approval and are provided in Canada by Bank of Montreal, a CDIC member and in the United States by BMO Bank N.A. Member FDIC

Ratings and reviews

This app does not send a push notification when a biometric login is required for payments initiated on PC web browser. One you open the app, there's a blinking orange icon to click on for it, but a push notification would be very helpful (sifting through dozens of apps to find this one is a bit ridiculous in 2023). This functionality exists on iOS, but doesn't seem to work on the Android app. I'm using a Samsung S22 Ultra. And yes, I have notifications turned on properly.

Fails to launch often. Releases frequent updates you are forced to download (can't login otherwise). Updates are slow to download and then are extremely buggy. Logins fail constantly because 2FA features don't work properly. Click option for OTP by SMS, nothing happens, code doesn't send. Or select biometrics but the screen won't load to let you choose which option to use. Get locked out because of failed attempts due to glitch. Gotta call tech support often. Hate this app. Do Better!

Use app primarily to approve ACH payments. Worked reasonably well, although for no apparent reason it would change auth verification from biometric to Passcode. Learned to live with that and could accomplish what I needed to. App just updated and now unable to perform any kind of ACH authentication. Very frustrating - I am tech savvy but can't get new app to perform. Now have to take even more time to talk to business banking to figure out what to do. ACH remain unapproved in the meantime.

What’s new

• Simplified biometric setup – If you have only one Customer ID and User ID, you no longer need to create a nickname to sign in using fingerprint and face recognition.
• New greeting screen – After you sign in, you’ll see a brief, personalized greeting screen.
• Minor fixes and improvements