BMO Elite Business Account

BMOBusiness chequing

BMO · Business chequing

Business account

$75.00 a month with unlimited transactions, waived if you keep $75,000 in the account.

Monthly fee$75.00Waived at $75,000
Transactions includedUnlimited
Interest rateNone published
Deposit insuranceInsured

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
$75.00
Fee waived with a balance of
$75,000
In-branch transaction
$1.50
Extra electronic transaction
$0.00

What is included

Transactions each month
Unlimited transactions
Interac e-Transfers
500 a month
Fee per e-Transfer beyond that
$1.50
Cash deposits free each month
$25,000
Cash deposit fee after that
$2.50 per $1,000

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

Notes

Unlimited electronic/ATM transactions plus 100 in-branch transactions; in-branch beyond 100 is $1.50 each. Unlimited items deposited and unlimited Moneris.

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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.