The businesses of BMO Bank of Montreal can be divided into three categories, Personal Finance, Business Banking, and Corporate and Institutional Services.
Personal Finances: This includes the following services:
· Accounts: A full range of savings and checking accounts is available to suit a variety of needs. These accounts come with attractive plans, such as overdraft protection, Interac®* Email Money Transfers and pre-authorized bill payments.
· Mortgages: The bank offers an array of financing and mortgage options. It caters to bridge financing, first-time homebuyers and refinancing of mortgage.
· Credit cards and Loans: One can opt for BMO MasterCard® or loans for fulfilling one’s financing needs. Loans are available for home renovation, car purchase and education. Credit card options include air miles, cash back, student, no fee, prepaid and small business.
· Investments: Investors can seek advice on term deposits, mutual funds and various other investment options.
· Insurance: The bank offers a range of insurance options including life, disability, travel, mortgage and line of credit.
· Online Banking: The online banking facility enables account holders to perform a variety of tasks, including transfers and bookings.
· Rates: The bank offers competitive rates from mortgage rates to interest rates and investment rates.
Business Banking: BMO Bank of Montreal offers the following business banking options:
· Business Account and Plans: The wide selection of accounts, coupled with attractive plans to suit a variety of business needs.
· Borrowing: The bank offers a range of lending products, including credit cards, loans and mortgages.
· Investments: BMO Financial Group enables businesses to achieve their investment goals by offering them traditional term investments, mutual funds and other investment products.
· Business Sectors: The bank has strong understanding of a variety of business sectors. This enables it to help clients develop in their field, irrespective of their location in Canada.
· Cash Management: The bank offers easy cash management solutions for collection and payments
· Corporate Finance Division: Medium sized businesses can opt for various attractive financial options and commercial and capital products to meet their everyday needs.
· Online Banking: Businesses can save on time by leveraging the online banking facility to pay bills and transfer funds.