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Ready to switch? We make it easy.

Here’s everything you need to know about making the switch.

Open your new BMO account
Switch your payments and deposits
Start using your new account
Close your old account

BMO Switch Kit

  • Open your new BMO account

    Select your business type for a list of documents needed to open your accountfootnote *

    All owners, key executives and partners must provide:

    • Two forms of personal identification, one of which is issued by a government agency. For instance, driver’s license or passport.
    • Taxpayer Identification Number: Employer Identification Number (EIN) for business and Social Security Number (SSN) for individuals
    • Photocopies of all Beneficial Owners’ personal identification and physical address and date of birth
    footnote * details,

    If your business type is not listed, call 1-888-340-2265, option 2 or visit a branch to discuss the documents required. The information above is effective January 1, 2019 and is subject to change at any time without notice. Additional documents may be required. Banking products are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC

  • Switch your payments and deposits

  • Start using your new account

    • Sign up for BMO Digital Banking to conveniently check balances, make transfers, pay bills and deposit checks.
    • Easily transfer funds to your new account using Mobile Depositfootnote 2 - simply write a check from your old account and take a picture using your phone.
    • Choose your card for easy access to your business checking account:
  • Close your old account

    • Make sure all automatic transactions have been changed to your new BMO account. Also, check that any outstanding checks, debits and automated payments through online banking or your debit card have cleared.
    • You can then complete the Account Closing Form and send it to your former bank to officially close your old account.

Frequently Asked Questions

Need more help? Check out our frequently asked questions , PDF opens in a new window or give us a call at 1-888-340-2265, option 2.

Ready to switch? Let’s get started:

Ready to switch?
Let’s get started:

Give us a call

24 hours a day, 7 days a week.

Let us contact you

A BMO Business Banker will get in touch when it works for you.