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HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO

Direct Deposit

Stop waiting for your cheques to clear. Get immediate access to your money with Direct Deposit.

Enjoy automatic deposits of funds (e.g. Payroll) and government payments into your Bank Accounts

Specify which payments go into which Bank Accounts

Setting up direct deposit is easy

Option 1: Download the Direct Deposit Notification form (624 KB - PDF), follow the instructions on the form and forward to the payer.

Option 2: Visit your nearest BMO Bank of Montreal branch and speak to a representative

Option 3: Simply provide the payer with the requested information and you’re done! Be sure to have your account number, your institution number and your branch transit handy. If you’re not sure about this information, call your local BMO Bank of Montreal branch.

COMING SOON: Government payments by direct desposit only.

By April 2016, all Federal Government payments by cheque will be phased out and will only be available by Direct Deposit.

Setting up Direct Deposit will ensure you continue to receive payments – such as income tax refunds, GST rebates, Child Tax Benefit and Old Age Security – without interruption. To enroll in Direct Deposit visit

Fast, secure and convenient

With Direct Deposit, there is no need to wait for your cheques to clear. You can have peace of mind knowing your payments will be deposited into the BMO account of your choice and enjoy immediate access to your funds.

Need more information about Direct Deposit for government payments?
  • Visit
  • Speak to a representative at our Customer Contact Centre by calling 1-877-225-5266
  • Book your appointment at the nearest BMO branch Book an appointment now
Book your own appointment. Get Started.
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