BMO Business Builder 1

Amount:

Type:

Chequing

Description:

In the case where a business is operational and requires a moderate volume of monthly transactions, the BMO Business Builder 1 presents an excellent value proposition. This plan not only provides cost-effective solutions but also incorporates advanced digital banking features to cater to the evolving needs of your growing business.

Comments on Funding:

This account has $22.50 monthly fee, no minimum balance required, 35 transactions per month. 2 Interac e-Transfer® transactions, and Unlimited Moneris® Transactions. It also includes the following features and benefits:
– Bank online and you can save on some of your fees;
– Enjoy access to BMO® Online Banking for Business and Digital Smart Pack;
– Keep track of everything with free monthly eStatements (cheque images included!);
– $2,500 cash deposits;
– 25 items deposited;
– Need to check something from last week or last month? Enjoy unlimited online account balances and transaction histories;
– This plan is available for Canadian Dollar Business Current Account only.

Deadline:

Continuous Intake

Eligibility:

Businesses with a moderate amount of transactions a month.

Application Steps:

For details, applicants must call BMO at 1-877-262-5907 or book an online appointment.

Documentation Needed:

Specific documentations must be provided based on the type of business.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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