Value Assist® Plan
Monthly Plan Fee: from $22.00
If you access your Canadian dollar business current account electronically as well as in-branch, this banking plan offers you excellent value and convenience. Take advantage of different transaction2 levels to suit your specific banking needs.
What you get every month
- FREE when you keep a minimum monthly balance1 in your account
- 10 to 25 in-branch deposits
- Unlimited customer initiated transfers
- Unlimited account balance and account history inquiries
- 2 deposit items returned unpaid (chargebacks) per month
- Monthly statement with image return
- Around-the-Clock Deposit service access setup fee
- Access to your account through our electronic channels
- Cheque and cash deposits (within specified limits)
- BMO® Debit Card for Business
- Bank confirmation slips and loan-interest certificates (for your records and tax filing)
- New Business Start-Up Package: New businesses (in first nine months of operation) pay no plan fee for the first three months
Additional options for different transaction levels
| Option | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Monthly Plan fee | $22 | $30 | $40 | $50 | $105 | $135 |
| Monthly transactions2 included | 20 | 35 | 50 | 75 | 125 | 200 |
| Monthly in-branch deposits included | 10 | 10 | 20 | 20 | 25 | 25 |
| Monthly notes (currency) on deposit included | $1,000 | $3,000 | $5,000 | $7,000 | $10,000 | $15,000 |
| Monthly items on deposit included (e.g. cheque, draft etc) | 10 | 20 | 30 | 50 | 70 | 100 |
| Minimum monthly balance1 required to waive Plan fee | $8,000 | $12,000 | $16,000 | $20,000 | $42,000 | $55,000 |
| Excess fees - in addition to monthly plan fee (per item) | ||||||
| Transactions2 over plan limit | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 |
| Notes (currency) on deposit (per $1,000) | $2.25 | $2.25 | $2.25 | $2.25 | $2.25 | $2.25 |
| Coin on deposit (per $100, USD accepted at CDN $ par) | $2.25 | $2.25 | $2.25 | $2.25 | $2.25 | $2.25 |
| Items on deposit (per item, e.g. cheque) | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 |
Everyday Banking for Business Plans are available for Canadian Dollar Business Current Account only.
Our Everyday Banking for Business calculator can help you choose the right plan for your business.
