Cash management services
Our cash management services make your life easier, so you can focus on running your business smarter and more efficiently. Our services are designed to optimize cash flow, save time and eliminate the hassles of day-to-day banking.
Choose the cash services your business needs
Merchant services
Our card payment solutions offer smart and simple ways to accept payments from your customers.
Treasury & Payment Solutions
For businesses of all sizes, we offer a full range of treasury technology and solutions to help with process automation, working capital optimization and funds safeguards.
Payroll Processing
Explore cost-effective options like a 2-month service fee waiver from Business Online Payroll® and a 10% discount when you sign up for Paychexfootnote 1
More cash management tools and features
Treasury & Payment Solutions
Take control of your business’s cash flow with our comprehensive suite of treasury and payment solutions, which enables you to:
Send funds securely and quickly with ACH and wire payment services.- Capture and convert sales into useable funds with features like Remote Deposit Capture and Merchant Services.
- Mitigate fraud, control risk and enhance internal controls with services like ACH Positive Pay.
Zelle® for business
- Enrollment is quick with an email address or U.S. mobile number
- Send and receive payments from your customers and vendors on the spot
- All your transactions are recorded in your account so you can effortlessly track your checks and payments
BMO Digital Banking
Bank anywhere at any time that’s convenient for you - view statements, pay bills, transfer funds or simply manage your account on your smartphone or computer.footnote 3
Cash management FAQs
Cash management can be a digital tool, feature and/or person (cash manager) that is responsible for managing and overseeing the cash flow of a business.
A digital tool like Zelle® helps manage a business’s money by being able to send and receive payment requests.
The main benefits of cash management are reduced risk of having too much cash on hand or not enough cash, visibility of how cash is used and control of when cash is used.
Digital cash management capabilities further adds to the benefits of management by streamlining the whole process of cash flow within your business. It offers real-time access to data and account information and the visibility of cash flow helps with decision making.
Cash management is the monetary logistics of a business. It tracks the collection, disbursement and investment of cash within a business.
Take the next step towards better business banking
Let us contact you
We’ll reach out via phone or email,whichever you prefer.
Call us
Give us a call to apply or ask questions.
Visit us
Meet with a BMO Business Banker to talk about how we can help your business.
Footnote 1Customers who are referred by a BMO banker during the BMO Payroll Promotion will be eligible to receive a 10% discount off a comprehensive payroll solution from Paychex (“Discount”) OR receive two (2) months of Business Online Payroll® at no charge (“Free Payroll”) (collectively the Discount and Free Payroll are referred to as the “Payroll Savings”). BMO customers who meet the terms and conditions set forth below shall be eligible to receive the Payroll Savings.
To receive the Discount, a BMO customer must 1) be referred to Paychex and 2) become a Paychex customer by December 31, 2026. The Discount may only be applied against payroll processing, tax payment services, employee pay services, and any bundled service package within three (3) months of receipt and may not be converted to U.S. dollars or refunded. The Discount may not be combined with Free Payroll.
To receive the Free Payroll, a BMO customer must (1) be referred to Business Online Payroll; (2) become a Business Online Payroll customer by December 31, 2026; and (3) process payroll with Business Online Payroll within the first two (2) months (months 1 and 2) when the account is made available for processing. If the eligible BMO customer meets the above criteria, Business Online Payroll will waive the BMO customer’s service fees for months 1 and 2. Free Payroll covers payroll and tax management service for up to 10 employees. BMO customers with more than 10 employees will incur $1.50 per employee per month service fees for each employee over 10. Additional fees may apply. Free Payroll may only be applied to months 1 and 2 and may not be converted to U.S. dollars or refunded. Free Payroll may not be combined with the Discount.
Except as agreed to by Paychex or Business Online Payroll, the Discount and Free Payroll offers cannot be combined with other offers and are subject to termination at any time at the sole discretion of Paychex or Business Online Payroll. Payroll services available to BMO customers only. Additional fees may apply.
footnote 2 detailsU.S. checking or savings account required to use Zelle®. At BMO we require you to enroll in a checking account to use Zelle®for your small business. Transactions between enrolled users typically occur in minutes. To send or receive money with a small business, both parties must be enrolled with Zelle®directly through their financial institution’s online or mobile banking experience. Zelle® should only be used to send money to people and businesses you trust.Zelle® does not offer protection for authorized payments, so money you send may not be recoverable. For additional details, see the BMO Digital Banking Agreement found at bmo.com/uslegal
footnote 3 detailsMessage and data rates may apply. Contact your wireless carrier for details.
Paychex Flex® is a registered trademark of Paychex, Inc. Payroll services and special offers are provided by Paychex, Inc. and are subject to price changes by Paychex. Paychex® is a registered trademark of Paychex, Inc. Business Online Payroll®is a registered trademark of SurePayroll, A Paychex Company. Payroll services and special offers are provided by Paychex, Inc. and are subject to price changes by Paychex. BMO Bank N.A. and Paychex are separate legal entities, which are not affiliated with each other in any way by common ownership, management, control or otherwise. The content, availability, and processing accuracy of the Paychex and SurePayroll websites and products are the responsibility of Paychex and SurePayroll. BMO makes no representations or warranties, either express or implied, of any kind with respect to the payroll services or any other products and services made available by Paychex or SurePayroll, including, without limitation, those of merchantability and fitness for a particular purpose. Products and services made available by Paychex or SurePayroll are subject to their management and credit approval. Please ask your BMO Banker for information regarding Paychex or SurePayroll.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Banking products are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC