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   Home > Accounts and Plans > Business Plans > Small Business Banking Plan
Small Business Banking Plan

The Small Business Banking Plan offers the flexibility of both electronic and in-branch access in a simple and cost-effective plan. This plan may be the ideal choice for all your business banking needs.

The Details

The $9.50 service fee covers:

  • Distinct deposit options for either cash based or cheque based businesses
  • A low minimum monthly balance requirement for waiving the Plan fees
  • Access to your account in-branch and through all our electronic channels
  • Ability to add a Business Premium Rate Saving Account
  • Value priced Davis and Henderson cheque offering for low-volume use
  • A First Bank Card for Business
 
More Cheques
More Cash
Monthly transaction limit 15 15
Fixed monthly Plan fee $9.50 $9.50
Number of cheque deposits 20 10
Monthly cash deposit limit $1,000 $4,000
Minimum monthly balance required to waive Plan fees $4,000 $4,000
Excess transaction cost $1.00 $1.00

The Next Step

To discuss further, contact us at
1 877 262-5907
or visit your BMO Bank of Montreal branch.


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