Two countries. One cross-border bank.
Your banking comes together with BMO Wealth Management.
If you spend time in the U.S. and Canada you may need help taking care of your banking needs on both sides of the border.
As a BMO Wealth client, you have access to an extra level of support for your cross-border needs. Your BMO Wealth Professional and our integrated North American banking team can help make the complex matter of cross-border banking simpler for clients like you.
Consider your North American banking needs
How cross-border banking comes together
Meeting your financial needs may mean having products on both sides of the border. Although Canada and the U.S. are similar in many ways, banking in the two countries can be very different. Your BMO Wealth Professional can help you understand and navigate these differences.
Whether you’re buying property or just want to take care of your day-to-day banking, BMO Wealth Management is here to help – on both sides of the border.
Why choose BMO
Here are a few ways we can help you enjoy your cross-border lifestyle.
from your BMO Wealth Professional.
with a Canadian BMO Private Banking or U.S. BMO Harris debit card from the largest ATM network in the U.S. with over 40,000 Allpoint® Network ATMs throughout the country.1,2
wherever and whenever you want with online or mobile3 banking, and over 570 BMO Harris branches and 1,400 BMO Harris ATMs in eight States including Florida and Arizona.
with a wide variety of BMO Harris Bank Mastercard® credit cards.
with the help of a mortgage banker specially trained in cross-border mortgages.
FAQs
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Is banking in the U.S. the same as banking in Canada?
There are many similarities between banking in the U.S. and Canada but there are also differences. A couple of reasons for the differences are: 1) as a Canadian with your banking history residing in Canada, some of the processes for setting up accounts and applying for mortgages will be different than those for a U.S. citizen, and 2) some banking regulations are different in the U.S.
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Why is it recommended that I start by talking to my Canadian BMO Wealth Professional about my U.S. banking needs?
Your Canadian Wealth Professional can help clients like you navigate the differences between banking in Canada and the U.S. They can put you in touch with BMO professionals in the U.S. who are specially trained to work with BMO Wealth clients.
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If I’m in the U.S., could I go straight to a BMO Harris branch and set up a banking product?
At this time a BMO Harris representative won’t be able to see the relationship you have with BMO in Canada. But there is an easy solution. Simply contact your Canadian BMO Wealth Professional who will introduce you to a dedicated U.S. cross-border BMO team member and make sure your relationship with BMO Private Banking or BMO Nesbitt Burns is recognized in the U.S.
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Are BMO Bank of Montreal, BMO Harris and BMO Wealth Management the same bank?
Yes. BMO Bank of Montreal, BMO Harris and BMO Wealth Management are all part of the BMO Financial Group. Because your Wealth Professional is familiar with your history, it is valuable to start your cross-border discussion with them so that your BMO relationship is recognized in both countries.
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What transactions can BMO Harris branch employees perform for BMO customers who don’t have any BMO Harris accounts?
BMO customers who don’t have a BMO Harris account cannot transact with BMO Harris Bank. For an optimal cross-border banking experience, talk to your Wealth Professional who will help you meet your banking needs in the U.S.
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What do I do if I need help in the U.S.?
As a BMO Wealth client, you have access to our High Value Client Service phone support if you need help in the U.S. Your Wealth Professional will provide you with the phone number. This phone service is available exclusively to BMO Wealth clients seven days a week from 8:00 a.m. to 8:00 p.m. ET. Of course, you can always call your Wealth Professional in Canada who would be happy to help you.
Want to find out more about cross-border banking?
Get in touch with your BMO Wealth Professional or let us contact you.