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How do I approve or reject a pending deposit in BMO DepositEdge?
Deposits only need to be approved if “Deposit Approval” is enabled. Otherwise, deposits are automatically finalized.
Here’s how approvers can approve or reject pending deposits:
- In Online Banking for Business, select the Payments & Receivables tab.
- Under "DepositEdge", select BMO DepositEdge.
- Select the Approvals tab.
- Select the deposit you want to review and verify the details.
- Select Approve Deposit or Reject Deposit.
If yours was the final approval, we’ll start processing the deposit as requested.
If you rejected the deposit, please add a reason in the “Comments” field and select OK. Then click Back to Approvals to complete the rejection. How to modify a rejected deposit
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