Depositing cheques and cash at a BMO ATM is easier than ever and envelope-free.
How to make a deposit at a BMO ATM
Step 1 of 8
Begin Your Deposit
To make a deposit, select the “Deposit” shortcut from the Welcome screen, or select “Other Banking” from the main menu
Step 2 of 8
Select An Account
Select the account you want to deposit your funds into.
If you want to see the balances of these accounts, select “Show balances” and then select account
Step 3 of 8
Make a Deposit
You no longer need an envelope to make a deposit!
Just follow the onscreen instructions, which will guide you through inserting the cheques and cash together in a single stack through the feeder slot.
Step 4 of 8
Make a Deposit
The ATM will count your cash and cheques and process your deposit. It will provide you with an itemized summary and total amount of the deposit.
Step 5 of 8
Confirm Your Deposit
On the deposit summary screen you will see all the deposited items counted by the ATM. If you’ve deposited more than six cheques, use the next and back buttons to scroll through the screens to view them all. If the ATM can’t count an item, it will return it to you.
If you need to make a correction to any of the cheque amounts, tap the “Edit” option of that cheque to make the change.
Step 6 of 8
Correct a Cheque Amount
You can correct the amount of the cheque in the edit screen. Simply tap the Edit cheque amount field, then use the PIN pad to type the corrected amount. If you’ve deposited the wrong cheque, tap the “Return cheque” button to mark the cheque for return. It will be ejected from the ATM. If you’ve selected the wrong cheque to edit, select the “Back” button to see your summary screen.
Step 7 of 8
From this screen, you can select “show balances,” and the new balance of your account after the deposit will be displayed on the screen.
At this point, you also have the option to make another deposit, go back to the main menu to select a different transaction, or take your card to finish your ATM transaction.
Step 8 of 8
Set Your Receipt Option
Now you can choose to receive a receipt for your deposit. Deposit receipts will show the image of the cheques that were deposited. While your receipt is being generated, your card will eject from the machine.
When you make a deposit at an ATM or branch, that money can be held up to eight business days (not including the day of the transaction) depending on the amount and how you made the deposit. And if a foreign currency cheque has been deposited, the funds may be held up to 30 business days.
When you deposit a cheque at an ATM or branch, $100 of the cheque amount may be available to you immediately. The rest of the funds will be available after the hold has expired, usually between four to eight business days. The hold period is determined by a variety of factors. After you deposit your cheque, you can go online to see how much of the funds are available to you.
Now that you know about ATM money transfer, take the next step