Seamless Cross-Border Advisory Services

We are licensed to advise investors south of the border and have several clients who are U.S. residents, ex-pat Canadians or snowbirds. Whether you vacation, work, live, or shop in the U.S., We can provide you with cross-border solutions and financial products to meet your unique needs on both sides of the border.

Our dedicated cross-border support team can help to ensure that your U.S. banking experience is easy and seamless. Working closely with our Wealth Planners and trusted accountants and lawyers, we can:

  • Bring you complimentary access to our team at BMO Private Bank U.S. who specializes in cross-border banking for BMO Private Wealth clients.
  • Support you every step of the way – from your account opening to resolving any questions or issues that may arise.
  • Provide guidance on Canadian and U.S. cross-border tax planning complexities, helping you to manage the tax implications of your vacation properties and real estate businesses south of the border and understand the Canadian, U.S. and international tax implications of various forms of compensation.

 

 

Do you travel frequently to the U.S. for vacation or work?

We can help you:

  • Save U.S. funds before you travel
  • Access U.S. funds while in the U.S.
 

Are you a Snowbird living in the U.S. part of the year?

We can help you:

  • Save and transfer U.S. funds
  • Pay bills and send money in the U.S.
  • Buy a vacation property
 

Do you live and work in the U.S. temporarily or permanently?

We can help you:

  • Simplify and manage your day-to-day banking
  • Buy a home in the U.S.
  • Make U.S. investments
 

Seamless solutions

  • Bank for free with an eligible BMO U.S. chequing account plus a BMO U.S. credit card with no annual fee1,2
  • Pay U.S. bills, transfer funds and deposit U.S. cheques with BMO Digital Banking (U.S.)3
  • Apply for a BMO U.S. credit card or mortgage using your Canadian credit history
 

Fast and easy cross-border transfers

  • Transfer funds quickly and for free between your BMO Canada and BMO U.S. accounts
  • Funds are available same or next business day, depending on when you send the transfer4
 

Free and unlimited withdrawals, wherever you go

  • Withdraw funds from over 40,000 Allpoint® Network ATMs in all 50 states using your BMO U.S. debit card5
  • Also enjoy access to the BMO U.S. network, with over 1,200 BMO U.S. branches and ATMs in 32 states including Florida, Arizona and California

 

 

 

1 For the BMO Smart Advantage account: the $3 monthly fee for paper statements is automatically waived if you opt to go paperless through your BMO Digital Banking (U.S.) preferences or if any individual associated with your account is 65 years or older. The $3 monthly fee for check images is automatically waived if you opt to go paperless through your BMO Digital Banking (U.S.) preferences.
2 The following BMO U.S. credit cards have no annual fee: BMO Platinum Rewards Credit Card, BMO Cash Back Credit Card, and BMO Platinum Credit Card.
3 Mobile Deposit is available using the BMO Digital Banking (BMO US) app. This service may not function on older devices. Users must be a BMO Digital Banking customer with a BMO U.S. account opened for more than 5 calendar days. Deposits are not immediately available for withdrawal. For details, please see the BMO Digital Banking Agreement found at bmo.com/uslegal
4 Transfers to BMO U.S. deposit accounts before 4 p.m. ET will be completed within the same business day, provided it is not a weekend or a statutory holiday in Canada or the U.S. Any transfer submitted after 4 p.m. ET will be processed the next business day.
5 When using a BMO U.S. debit card, Foreign Transaction Fees will apply at Allpoint® ATMs located outside of the United States. Clients with a BMO Canada debit card (i.e., not a BMO U.S. debit card) may be charged a fee in the U.S.