Accepting payments and payroll

¹ All Business Banking Plans qualify for unlimited Moneris transactions. Actual savings may vary depending on which Everyday Banking for Business Plan is selected for your account. Moneris payment processing fees still apply. Applies to all deposits posted by Moneris to your BMO business account in connection with your acceptance of MasterCard, Visa*, Interac, Discover* or Union Pay* branded cards and American Express* transactions that are settled by Moneris - including deposit of settlement funds, terminal rental fee, and any other fees. American Express credit card transactions that are not settled through Moneris are not included in unlimited Moneris transactions, and are subject to separate terms and conditions. Standard transaction fees apply. Refer to Moneris Solutions for complete details. All other debit or credit transactions posted to your BMO account related to any other brand of card processed using Moneris services, are not included and may be subject to transaction limits associated with your Plan and/or excess per-item transaction fees. (* Visa, Discover, American Express and Union Pay are trademarks of their respective owners.)

² BMO processes Next Day Settlement files daily. Fund accessibility is dependent on system close times confirmed with Moneris between the Merchant and Moneris during client onboarding. For transactions processed during the weekends, funds are accessible the next day (subject to the system close times) but the date reflected in the client’s statement will be the next business day.

³ Receive three months of free payroll processing and free implementation when you are referred by Bank of Montreal (“BMO”) by September 30^th, 2022 and have entered into ADP’s standard form services agreement by October 31^st, 2022. Cannot be combined with any other promotions and is only available to new ADP clients in Canada and ADP Clients who have previously only obtained Complimentary Access to ADP HR Assist^SM, in each case that are referred by BMO and have 1-49 employees . Applies only for Small Business Payroll solutions - ADP Workforce Now On the GoSM, TeamPay by ADP^® (including ADP HR Assist bundles), TeamPay by ADP Live, and Comprehensive Outsourcing Services. Free payroll processing applies to the recurring payroll processing fees paid by you to ADP. “Recurring payroll processing fees” exclude, without limitation: (i) any underlying payroll funding obligations (wages, taxes, third party remittances); (ii) any fees for official bank cheques, tax or special one-time reports, third-party remittances or cheque stuffing; (iii) Year-end services; (iv) refundable deposits or third party pass-through charges (including delivery charges); (v) direct expenses/charges (e.g. NSF fees); (vi) penalties and interest; (vii) fees for shipping, delivery and installation of equipment or software, custom programming, the sale or leasing of equipment or software, or maintenance; and (viii) income derived from the float. ADP reserves the right to discontinue or modify this promotion at any time.

“BMO” and the “m-bar roundel symbol” are registered trade-marks of Bank of Montreal. Services referenced herein are provided by ADP Canada Co. ADP Canada Co. is not a member of The Bank of Montreal.

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. ADP HR Assist and ADP Workforce Now On the Go are service marks of ADP, Inc. All other marks are the property of their respective owners.