Making bill payments at an Instabank machine without inserting a bill stub.
ABM paper bill payment:
Making bill payments at an Instabank machine by inserting a bill stub.
Account history inquiry:
A request for a list of recent transactions.
Assisted-service:
Debit transactions or account history inquiries completed with the assistance of a staff member in a branch or through Online or Telephone Banking, or ABM paper bill payments.
Available Funds:
represents the funds you have available for debit transactions (e.g. withdrawals, Point of Sale purchases, bill payments, transfer of funds out of an account). Your Available Funds is calculated using your account balance minus any current funds being held, plus Overdraft Protection, if applicable. Available Funds is calculated using the following formula:
Available Funds = Actual account balance - Current funds being held + Overdraft Protection (if applicable)
Coin Counter:
Self-service coin counting machine that counts loose coins and provides a slip to be presented to a Customer Service Representative at the branch.
Customer activity:
A transaction that you initiate on your account, such as a transfer, deposit or withdrawal. An account is considered inactive if there is no customer activity on the account for a period of one year.
Debit transaction(s):
Debit transaction(s) on personal account(s) conducted by any means of account access, including cheques, and all withdrawals of: funds, bill payments, debit card purchases, transfers of funds and pre-authorized bill payments.
Direct payment (debit card) purchase:
Any purchase made with funds debited directly from your account(s) using your FirstBank Card® and Interac®* direct payment service or Maestro®# service. More information
Interac Email Money Transfer:
An online banking service that allows you to instantly and securely send and receive funds electronically. More information
Everyday Banking Plan:
A group of services packaged together for one fixed monthly fee. More information
Instabank®:
BMO Bank of Montreal's automated banking machine (ABM). More information
Lead (main) Account:
The personal savings or chequing account that you designate to have your monthly Everyday Banking Plan fees and excess fees debited from.
Monthly transaction limit:
The maximum number of debit transactions and account history inquiries (excluding online account history inquiries) included with an Everyday Banking Plan.
Personal Account:
Any personal chequing account or savings account you have with BMO Bank of Montreal.
Plan fee waiver:
The monthly fee of an Everyday Banking Plan is eliminated if you maintain a specific balance at all times during the month in your Primary Chequing Account (if it has been designated as your main account). The plan fee waiver does not cover debit transactions that exceed your monthly debit transaction limit.
Pre-authorized bill payment:
Automatic transfers for bill payments from a personal account, authorized by you and arranged to take place at a specified time(s). More information
Self-serve:
1) A debit transaction by cheque; 2) A debit transaction (excluding ABM paper bill payments) or account history inquiry using only electronic means of account access, including
Instabank machines and other permitted ABMs, debit card purchases, Online or Telephone Banking (other than those assisted by an Online or Telephone Banking Manager), pre-authorized bill payments, and any other similar electronic channels we provide for your use.
