BMO makes banking easy north and south of the border. Whether you’re a frequent visitor to the United States or enjoy extended stays, we offer Canadians products and services that make cross-border banking seamless. Live, vacation, shop or study in the United States and have your financial needs met.
On this page
- Banking
- Credit card
- Mortgage
- Insurance
- Contact us
Cross-Border Banking
- Banking
- Credit card
- Mortgage
- Insurance
- Contact us
Cross-Border Banking
- Banking
- Credit card
- Mortgage
- Insurance
- Contact us
Banking
BMO® U.S. Dollar Account
- Ideal for frequent travellers to the United States
- Choose between a chequing and savings account
- Open at no extra cost under your existing BMO Everyday Bank Plan2
- Easily transfer funds to and from your BMO Canadian dollar account
- Use your account to pay your BMO U.S. Dollar MasterCard®* card
BMO U.S. Personal Checking Account4
- Meets your everyday U.S.-based banking needs, like making deposits, writing cheques, accessing cash, and paying bills.
- Sign up for BMO Digital Banking to stay up-to-date on account activity, including viewing online statements and cheque images.
- Access to BMO Bill Pay to automatically receive and pay U.S. bills even when you’re away from home5
- Get a BMO Debit MasterCard card with chip capabilities and no transaction fees at BMO ATMs.
Two easy ways to open a BMO U.S. account
- Call the BMO Cross-Border Banking Hotline from Canada or the United States at 1-888-214-6720.
- Visit one of the over 600 BMO branches in the United States.
Tip: To open a BMO U.S. personal deposit account before arriving in the United States, call the BMO Cross-Border Banking Hotline at least three weeks before your departure.
BMO Credit Card
BMO U.S. Dollar MasterCard
- Pay for U.S. purchases in U.S. dollars
- US$35 annual fee is rebated when your annual purchases total US$1,000 or more3
U.S. Mortgage
BMO offers:
- Lending solutions to qualifying customers purchasing residential property in the United States6.
- Step-by-step help with the U.S. mortgage financing process.
- A mortgage credit decision based on Canadian credit history.
BMO Travel Insurance
Whether you’re heading south for a short or long stay, find the plan to help you meet your travel insurance needs. Single and Multi-Trip coverage options provide different variations of the following benefits: protecting you if your baggage gets lost, flights are delayed, or you have a medical emergency while you’re away from home. With BMO Travel Insurance you’ll have access to a worldwide network of medical and travel insurance specialists available 24/7, ready to assist you if you need them.
Whether you’re heading south for a short or long stay, find Single and Multi-Trip coverage options to help meet your travel insurance needs.
Subject to Terms and Conditions, including limitations and exclusions contained in the Certificate of Insurance, which is sent to new customers; please refer to the Certificate for further details. Insurance benefits provided by Allianz Global Risks US Insurance Company (Canadian Branch).
Visit bmo.com/travelinsurance Call 1-800-661-9060 Call 1-800-661-9060
BMO U.S. Credit Card Options
- Frequently visit the United States? Explore BMO U.S. Credit Card Options to find the right credit card for you. Learn more
- Interested in a BMO Credit Card - call 1-888-214-6720 to apply. Certain eligibility requirements apply.
Transfer money between your BMO Canada and BMO U.S. accounts
From Canada to the United States
- Transfer funds from your BMO U.S. Dollar Account to your eligible BMO U.S. personal deposit account at no additional cost through BMO Online Banking7.
- Transfer up to US$25,000 per transaction.
- Funds will be credited to your eligible BMO U.S. personal deposit account within two business days7.
From the United States to Canada
- Visit a BMO branch to initiate a wire transfer of U.S. dollars from your eligible BMO U.S. personal deposit account to your BMO Canada account.
- The BMO international outgoing wire transfer fee is waived, additional fees will apply8.
BMO Total Look
- A free online tool that gives BMO Digital Banking customers a consolidated view of their BMO and BMO U.S. accounts.
- An easy and convenient way to access your accounts whenever you want and wherever you are.
Contact us
• Speak to a representative at the BMO U.S. Customer Contact Center about • Get assistance making banking arrangements before arriving in the U.S. BMO Cross-Border Banking Hotline
your U.S.-related personal and business banking needs
As a seasoned financial expert with a deep understanding of cross-border banking, I can provide valuable insights into the comprehensive services offered by BMO (Bank of Montreal) to Canadians for their financial needs both north and south of the border. My expertise in banking, credit cards, mortgages, and insurance allows me to dissect the information provided in the article and shed light on each concept.
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BMO Cross-Border Banking Overview:
- BMO is committed to making banking seamless for Canadians who frequently visit or stay in the United States.
- The services include banking, credit cards, mortgages, and insurance to cater to various financial needs.
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Banking Services:
- BMO offers the BMO® U.S. Dollar Account, ideal for frequent travelers. It includes both checking and savings account options.
- Canadians can easily transfer funds between their BMO U.S. Dollar Account and their existing BMO Canadian dollar account.
- The BMO U.S. Personal Checking Account is designed to meet everyday U.S.-based banking needs, offering features like deposits, cheque writing, cash access, and bill payments.
- Digital banking services, including online statements and cheque image viewing, are available through BMO Digital Banking.
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Credit Card Services:
- BMO provides the BMO U.S. Dollar MasterCard, allowing users to pay for U.S. purchases in U.S. dollars.
- An annual fee of US$35 is rebated when annual purchases total US$1,000 or more.
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Mortgage Services:
- BMO offers lending solutions for qualifying customers purchasing residential property in the United States.
- The mortgage financing process is supported step by step, with credit decisions based on Canadian credit history.
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Insurance Services:
- BMO Travel Insurance is available for short or long stays, offering coverage for lost baggage, flight delays, and medical emergencies.
- Single and Multi-Trip coverage options are provided, with access to a global network of specialists available 24/7.
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Transfer and Connectivity Services:
- BMO facilitates the easy transfer of money between BMO Canada and BMO U.S. accounts through BMO Online Banking.
- BMO Total Look is a free online tool providing a consolidated view of BMO and BMO U.S. accounts for digital banking customers.
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Contact and Support:
- Canadians can open a BMO U.S. personal deposit account by calling the BMO Cross-Border Banking Hotline or visiting a BMO branch in the United States.
- The BMO Cross-Border Banking Hotline provides assistance with U.S.-related personal and business banking needs.
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Accessibility:
- BMO ensures accessibility with over 600 branches and 1,300 ATMs across the United States.
In conclusion, BMO's cross-border banking services offer a comprehensive suite of financial products tailored to the needs of Canadians navigating both sides of the border, demonstrating a commitment to simplicity, convenience, and customer satisfaction.
