Online Banking for Business

Name: Online Banking for Business
Rating: 2 (43 reviews)
Author: BMO Financial Group

Business banking on the go

Only for iPhone

Free

43 Ratings
Ages

4+
Years
Category

Finance
Developer

BMO Financial Group
Language

EN
+ 1 More
Size

89.5
MB

iPhone

BMO Online Banking for Business is now mobile. Now includes Biometric ID. Get out of the office and confidently enjoy secure business banking anytime, anywhere. Our new app offers many of your favourite features from BMO Online Banking for Business. Here’s what you can do while on the go: Biometric Security • Verify your identity with Biometric ID • Sign in with Touch ID or Face ID Monitor Your Cash Flow • Check real-time account balances and transaction history • Get helpful Cash Flow Insights • Quickly search for transactions Send & Receive Payments • Account Transfers: Instantly move money between your accounts or pay your BMO corporate card balances. • INTERAC®* e-Transfer: Send or receive transfers; pay money requests. (Canada only) • Wire Payments: Use your company’s beneficiary list or templates to send money around the world. • Pay Another BMO Client: Instantly deposit money into the account of another BMO client. (Canada only) • Generate a voided check/void cheque: View or download a voided check/void cheque showing account information for your CAD and USD deposit accounts. • Tax & Bill Payments: Same-day bill processing and real-time account balances. (Canada only) • Zelle: Send payments within the U.S. (U.S. only) Mobile Approvals • View pending approvals for all services • Review and approve on your app: - Wire Payments: templates, payments and investigations - Account Transfers: transfers - INTERAC e-Transfer: transfers and money requests (Canada only) - Electronic Funds Transfer (EFT): templates, payers/payees, payment files, corrections and resubmissions (Canada only) - Automated Clearing House (ACH): templates and payments (U.S. only) - Recon Management – Positive Pay: Pay/Return decisions and decision approvals (U.S. only) - Digital Cheque Service: Pay/Return decisions (Canada only) - Tax & Bill Payments: tax and bill payments (Canada only) - Zelle: payments (U.S. only) - Real-Time Payments (RTP): transactions and return requests (U.S. only) - Approve Users: new users and changes - Approve Groups: new user groups and changes Manage Your Users • Unlock users • Reset user passwords Get Started To use the app, you need to be registered for BMO Online Banking for Business. Simply use the same credentials you use to sign in on your computer. Not a client of BMO Online for Banking Business? Visit bmo.com/main/business/online-banking-business for more information. Important Disclosures You acknowledge and understand that this app incl. updates or upgrades may (i) cause your device to automatically communicate with BMO’s servers to deliver the functionality described above and to record usage metrics, (ii) affect app-related preferences or data stored on your device, and (iii) collect personal information as set out in our privacy policy. You can withdraw your consent at any time by uninstalling the app. ®Registered trademark of Bank of Montreal ®* INTERAC e-Transfer is a registered trademark of INTERAC Inc. Used under license.

Ratings & Reviews

2.0

out of 5

43 Ratings

Poor Biometric ID
03/04/2021

melissssssssaaaaaaa
The app functions great. When it wants to. I use the biometric ID instead of the secure ID token. At least twice a day, it has either a network error or times out. Several times it has not recognized my face. Which is interesting as I use Face ID to open my phone each time, so I’m guessing my face hasn’t changed. Definitely has some kinks to be worked out.
Poor Biometric ID
03/04/2021

melissssssssaaaaaaa

The app functions great. When it wants to. I use the biometric ID instead of the secure ID token. At least twice a day, it has either a network error or times out. Several times it has not recognized my face. Which is interesting as I use Face ID to open my phone each time, so I’m guessing my face hasn’t changed. Definitely has some kinks to be worked out.
NO APPS FOR CUSTOMERS WITH A US PHONE
09/05/2022

Annb1111
This is the only mainstream bank that does not have this app. I am a global traveler and need it. BMO needs to move to the new century. Even my credit unions have it. Most banks allow you to transfer $ between US and Canadian accounts. The new verification that must be performed EVERY time you sign on must be processed on a lap top. Really???? It won’t work with my US phone number as a text message. System is very antiquated and I am a 70+ year old. So if that is old to me, you will be losing younger customers fast! Need to get with the times.
NO APPS FOR CUSTOMERS WITH A US PHONE
09/05/2022

Annb1111

This is the only mainstream bank that does not have this app. I am a global traveler and need it. BMO needs to move to the new century. Even my credit unions have it. Most banks allow you to transfer $ between US and Canadian accounts. The new verification that must be performed EVERY time you sign on must be processed on a lap top. Really???? It won’t work with my US phone number as a text message. System is very antiquated and I am a 70+ year old. So if that is old to me, you will be losing younger customers fast! Need to get with the times.
Maybe too secure
01/13/2021

Minute thief
I definitely feel safe using the app, but I like to access my business account from a desktop and occasionally from a phone, but I am constantly getting locked out and having to call in to reset my credentials; it has gotten slightly better over the last few weeks though
Maybe too secure
01/13/2021

Minute thief

I definitely feel safe using the app, but I like to access my business account from a desktop and occasionally from a phone, but I am constantly getting locked out and having to call in to reset my credentials; it has gotten slightly better over the last few weeks though
Forced to use and can’t count on it
Jan 9

T def Leppard
I hope the bad reviews can pile up enough so that BMO does something to correct this. Constant issues for Face ID and verbal. Need a basic token system like other banks… this is enough to make our company want to switch banks.

Developer Response
Hello. Thanks for taking the time to leave us a review. I promise we do read the reviews and are in the process of revamping the app to better suit your needs. In the meantime, sincere thanks for your patience.
Forced to use and can’t count on it
Jan 9

T def Leppard

I hope the bad reviews can pile up enough so that BMO does something to correct this. Constant issues for Face ID and verbal. Need a basic token system like other banks… this is enough to make our company want to switch banks.
Developer Response Jan 13
Hello. Thanks for taking the time to leave us a review. I promise we do read the reviews and are in the process of revamping the app to better suit your needs. In the meantime, sincere thanks for your patience.

Minor fixes and improvements

Version 12.6.0

Jan 7

Data Linked to You

The following data may be collected and linked to your identity:
- Identifiers
- Usage Data
Data Not Linked to You

The following data may be collected but it is not linked to your identity:
- Location
- Identifiers