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Getting started with BMO DepositEdge


With DepositEdge, it’s easy to scan, review and deposit cheques – right from your desktop. To help you submit your first deposit, we put together this guide.    

Already familiar with the service? Skip to our DepositEdge FAQ


Where do I begin?

To access the BMO DepositEdge service, select the Payments & Receivables tab in Online Banking for Business. 
 

1. Set up your scanner

Let’s start by installing and registering your DepositEdge scanner. You’ll need administrator rights on your computer.



2. Create your deposit

Next, let’s create your first deposit. We’ll scan your cheques, balance your deposit and review the details.

How to create a deposit


  
That's it! You've submitted your first deposit. Deposits finalized before 7 p.m ET will be credited to your account on the same day. Deposits made after the cut-off time or on non-business days will be added to your account on the next business day. 
Note: Please store your scanned cheques in a secure location for at least 45 calendar days.


What's Next?


Access your reports and view cheque images

Now that your cheques have been deposited, you can view the cheque images or generate a range of reports.

How to generate reports

   
Set up additional users

As an administrator, you can add other DepositEdge users in Online Banking for Business.

How to create DepositEdge users

 

Banking products are subject to approval and are provided in Canada by Bank of Montreal, a CDIC Member.

 

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