BMO · Business savings
Business account
No monthly fee.
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- None
Who can open it
- US dollar account
- No
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.bmo.com
- Fees and terms
- Published fee schedule
Notes
No monthly administration fee. Interest paid monthly on daily closing balance. Rate NOT published in the fee guide: 'Interest rates and balance tiers are subject to change without notice' with a pointer to bmo.com/rates. ATM withdrawal $5.00.
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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.