Products and Services

Our comprehensive suite of web based cash management solutions provide you with:

Access to Information

Directline for Business (DLB) brings a powerful suite of cash management tools to your desktop, allowing you to manage cash flow easily, effectively and strategically. Monitor accounts and transaction details in real time; initiate electronic payments and transfer funds between accounts in seconds, via the Internet.

Online Cheque Image Search - quickly and easily view images of your paid cheques, anytime, at your convenience.

AutoConnect - automatically exchange reporting and transaction information according to your timeline and specifications, between the DirectLine® service and your PC treasury workstations, recon engines, cash forecasting tools, and Accounts Receivable and Accounts Payable systems. Optionally, automatically retrieve required files and reports for delivery directly to your printer or to forward via your internal e-mail distribution list.

Controlled Timing of Payments

DirectLine® EFT - Reduce costs and achieve more predictable cash flows with this cost effective alternative to address payables and receivables with optional web tracking and reporting capabilities.

DirectLine® Wires (DLWires) – Initiate wire transfers right from your desk, easily, safely and quickly with BMO’s leading-edge solution that provides you with enhanced control and management of the wire payments process, plus superior reporting, auditing and tracking capabilities.

DirectLine® Tax and Bill Payment Service – Conveniently pay your federal and provincial taxes as well as Corporate bills over the Internet, with one convenient sign on, 24 hours a day, 7 days a week.

DirectLine® Foreign Exchange Service – obtain real time rates on your PC for virtually all currencies. Essentially, we turn your PC into a trading room and this timeliness allows us to price much more competitively. Immediate quotes are available for spot and forward transactions. Other features include historical currency rates, tracking of accepted &/or declined quotes, currency forecasts and commentary.

Wholesale Lockbox – Process Canadian and U.S. dollar receivables quickly, efficiently and easily with our integrated North American lockbox solution. View lockbox data online including images of payments received.

Cash Concentration - Put your funds to work sooner and maximize investment potentials and minimize borrowing costs by consolidating deposits made at multiple BMO locations into one central account automatically.

DrawCheque® – where circumstances require you to deal with other financial institutions in addition to BMO, consolidate all of your balances into your BMO consolidation account via the web or any touch-tone phone whenever, wherever, and as often as you like.

Manage Cheque Fraud Risk and Related Financial Loss

BMO's DirectCheque (DCH) solution deters fraud risk through a combination of features and options including Positive Pay and Enhanced Positive Pay (payee name verification). Exceptions items can be easily viewed with pay or no pay decisions completed online using our Cheque Validation Service.

Global Treasury Management Solutions

One Relationship with Global Reach – one comprehensive suite of solutions allows you to operate on the ground in Canada, the USA and Europe but retain financial control from your main treasury office in Canada. Our banking relationships in the USA and Europe uniquely position us to facilitate access to treasury management solutions around the world. Our global network includes Canada, the USA, the UK and the majority of countries in the European Union that have adopted the Euro currency (Austria, Belgium, France, Germany, Italy, Netherlands, Portugal and Spain). Manage your global banking services and view vital account information from one access point – DirectLine®. Retrieve a summary of all of your transactions and see your consolidated global position, with your CAD, USD, EURO and Sterling account balances and information in a single report.