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What are the wire payment cut-off times?

These are the wire payment cut-off times for Canadian-domiciled accounts. Cut-off times for U.S.-domiciled accounts may be different.

Wire payment cut-off times for U.S.-domiciled accounts

Wire payments received after the cut-off times indicated below will be processed the next business day.

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All times are in Eastern Time.

In-Branch Wire Payment Cut-off
Wire payment initiation/approval - Canadian dollar and U.S. dollar (for same day value) 4 p.m.
Wire payment initiation/approval - all other currencies (for value in two business days) 4 p.m. 
Manual Wire Payment Request Submission fax/email 2 p.m.
Online Banking for Business Cut-off
Wire payment initiation/approval - U.S. dollar (for same day value) 5 p.m.
Wire payment initiation/approval - Canadian dollar (for same day value) 5 p.m.
Foreign exchange wire payment Available from Monday 7 a.m. to Friday 5 p.m.
Foreign exchange wire payment initiation/approval - U.S. dollar (for same day value) 5 p.m.
Foreign exchange wire payment initiation/approval - all other currencies (for value in two business days) 7 p.m.
Electronic Data Interchange (EDI) Cut-off
File submission 4:15 p.m.
SWIFT messages Cut-off
Straight Through Process Wire Payment – Canadian and U.S. dollar (for same day value) 5 p.m.
Manual Repair Wire Payment – Canadian and U.S. dollar (for same day value) 4 p.m.
Bank of Montreal SWIFT address BOFMCAM2

 

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