
Online Banking for Business
Customize your banking experience to fit your unique needs, preferences and goals. And as your business evolves, our services evolve right along with you.
A better way to bank
Online Banking for Business makes it easy to:
Move money your way
Whether you’re managing payroll, collecting payments or sending money overseas, you’ll have a variety of flexible options at your fingertips.
Manage your users
Keep your business running smoothly with flexible user management tools. Assign limits, set approvals, and segregate duties across your team.
Stay ahead of the curve
Take advantage of an ever-growing suite of payment technologies, open banking APIs and integrations with the business apps you use most.
Get expert advice
Your BMO advisor is always on hand with industry-leading guidance and solutions tailored to fit your business.
Flexible options tailored for your business

Set strong internal controls
Set up unlimited platform users, segregate their duties, set payment limits and multiple levels of payment approvals.

Pay employees and vendors
Manually send individual payments or schedule recurring payments and payroll via EFT, Interac® e-Transfer and more.

Send instant payments
Send up to 50 Interac® e-Transfers at once within Canada of up to $25,000 CAD each. Or upload a payment file containing up to 100,000 Interac e-Transfers.

Manage global payments
Send and receive international wire payments, and lock in your final exchange rate before sending.

Run detailed reports
Create and run customizable reports for account transfers, cash flow, user activity, EFT payments, wire payments, and more.

Monitor account activity
Get alerts via email or text for user activity, account balances, transactions, pending payments, approvals and more.

Online Banking for Business FAQs
Online Banking for Business is for any size of business that would benefit from multiple user roles, payment approvals and other account controls, cross-border banking, or that has more complex payment and reporting needs in general. You can compare online banking options for your business here.