Your cross-border banking comes together with BMO Private Wealth

If you spend time in the U.S., you may need help with your banking needs on both sides of the border. We work with our dedicated cross-border support team to ensure your U.S. banking experience is easy and seamless.

Whether you vacation, work, live or shop in the U.S., enjoy cross-border solutions that meet your unique needs. As a BMO Private Wealth client, you enjoy exclusive benefits, including:

 

Dedicated support

  • Enjoy complimentary access to our dedicated support team at BMO Private Bank U.S. who specialize in cross-border banking
  • The team can assist with any U.S. service requests or questions you may have

Convenient digital banking

  • Transfer funds online easily and for free between your BMO Canada and BMO U.S. accounts
  • Pay U.S. bills and deposit cheques remotely with BMO Digital Banking (U.S.)

Bank for free, year after year

  • Pay no monthly fee when you select paperless statements with the BMO Smart Advantage chequing account from BMO U.S.
  • Access free U.S. cash withdrawals at over 42,000 BMO U.S. branch and Allpoint® ATMs

U.S. credit cards for your lifestyle

  • Choose from exceptional rewards including cash back, merchandise or travel
  • Make U.S. purchases both in person or online, and save on foreign transaction fees

U.S. mortgages and lending

  • Find and finance the vacation destination or U.S. home of your dreams
  • Apply using your Canadian credit history and BMO Private Wealth relationship status

 

Banking products are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC.

 

Cross-border Banking And Wealth Advice

Our team and clients are supported by the North American Family Office of BMO in the US. BMO US brings us ideas and assists our clients to open accounts, obtain a US domiciled credit card to avoid exchange issues, and move monies to pay bills and make purchases south of the border with ease.

If you’re a US resident transitioning to Canada subject to residency rules, we can:

  • Help you open bank accounts, obtain credit cards and get set up properly with minimal red tape
  • Perform technical planning: tax and estate planning, retirement compensation and arrangements, creation of an Individual Pension Plan (IPP), life insurance coverage, and exploration of specialty paths to help you stay in Canada for several years
  • Help you to depart Canada seamlessly and tax efficiently, taking care of any problems that may arise.

 

 

If you’re working, living full- or part-time as a Snowbird, or buying property in the US, we will bring you a seamless cross-border banking experience with access to an interconnected team of wealth professionals.

 

Through BMO Bank of Montreal and BMO US, we offer convenient cross-border banking products and solutions:

  • Bank accounts in Canadian and US dollars, plus online tools that let you take care of your everyday banking needs north and south of the border.
  • Access to US dollars in the US and services to transfer funds, manage your accounts, and pay your bills with ease.
  • A credit card that lets you shop in US dollars.
  • Fixed or adjustable-rate mortgages you can apply for using your Canadian credit history if you lack a US credit history.
  • Travel insurance for single or multiple trips, and short- or long-term visits to the US.
  • Convenient cross-border wealth planning services:
    • Financial planners experienced in cross-border planning
    • Trust and estate planners with cross-border specialization who work with your legal and tax advisors to address your cross-border needs