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What payments qualify for BMO Global Pay?

To qualify for BMO Global Pay, your payment needs to be:

  • sent using the Wire Payment service in Online Banking for Business
  • in the destination currency
  • no more than the equivalent of $100,000 CAD or $100,000 USD
    Note: The following countries have different limits:
    • Japan, 1,000,000 JPY 
    • Thailand, 1,500,000 THB
    • India, 1,500,000 INR
  • sent to one of 30 eligible countries
  • sent from a CAD or USD deposit account
    Note: Payments to the US can’t be sent from a USD account – you need to use a CAD account instead
  • sent with an ABA code if it’s headed for the U.S.
    |Note: ABA codes must include the bank’s full address including street, city, state and ZIP Code
  • NOT from a Money Service Business (MSB) client

 

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