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Information you must get when your branch is closing. The bank must send you the following details in the closure notice : the location of the branch that’s closing. the date of the closure. the address of the branch to which they’ll transfer your accounts.
There are two ways to close your account without attending a branch. Find out what the current balance is, then electronicly transfer out the balance to your other account ( or write a cheque for that amount). Once the balance is at zero, call BMO and advise them to close the account. Follow up with an email.
I accidentally paid about $1000 to a BMO credit card that I had recently closed (so recent that I haven’t received the closing papers yet) and it was previously at a zero balance. It was a dumb mistake - I thought it was a different card.
Bank of Montreal (BMO) You may close your accounts: In-branch; Over the phone (only if you have a $0-balance) If you choose to close your account within 90 days of opening it, the bank will charge a $20 fee. Dormant or inactive accounts. BMO considers accounts that have been inactive for two years to be dormant.
Your right to information about a branch closure. The notice must contain: the location of the closing branch. the proposed date of closure or of ending activities. the address of the branch to which they’ll transfer your accounts.
Mar 14, 2023 · How To Close Your BMO Account. You have 2 options to close your BMO bank account. You can either: Visit one of their branches; or. Call their phone number (1-877 CALL BMO (225-5266)) if your account balance is $0. Your available funds, if any, can be transferred to your new bank account or withdrawn over the counter once the account is closed.
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Do you need an appt to close bank (BMO) account? Today is my last day to close my account before being charged an 11$ monthly fee 😒🙄. If I go into the branch as a walk in can I close the account with a teller? And is any branch ok or does it have to be at the branch at which the account was opened?
