How do I modify an open deposit in BMO DepositEdge?

You can modify checks within the “Balance” section of an open deposit. Here’s how:

Step 1: Modify

1. In Online Banking for Business, select the Payments & Receivables tab.
2. Under “DepositEdge”, select BMO DepositEdge.
3. Under “My Open Deposits”, select the deposit you want to modify.
4. Select the relevant checks.
5. To accept a cheque and include it in your deposit, select Accept.
6. To remove a cheque from your deposit, select Remove Item.

Once the last cheque has been corrected, you’ll be asked to balance your deposit in Step 2.

Step 2: Balance

1. Check that the amounts in the “Deposits” and “Deposit Control Total” fields match. If not, select Balance Deposit and determine the correct amount. The difference must be $0.00 to continue.
2. Update the amount and select Balance Deposit.
3. Select Proceed.

Step 3: Review

1. Verify the details of the deposit and select Submit Deposit

Note: If Deposit Approval is enabled, this step will need to be completed by an approver.

You’ve successfully modified your open deposit. Deposits finalized before 8:00 p.m.CT will be credited to your account on the same day. Deposits made after the cut-off time or on non-business days will be posted to your account on the next business day.

Note: Please store your scanned checks in a secure location for up to 45 calendar days. After 45 days, you can dispose of them safely.