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Value Assist® Plans

Is this right for you?

Our Value Assist Plans may be the perfect choice for those businesses which need to make regular deposits in branch. In addition to full use of electronic banking channels these plans allow you to make a set number of in-branch deposits per month without additional cost.

The Details

  • A set number of no-charge in-branch deposits per month (see table below)
  • FirstBank® Card for Business
  • Online Banking access
  • Telephone banking access
  • Unlimited account balance and account history inquiries through BMO Bank of Montreal Instabank®/Instabank EXTRA® machines, telephone banking or Online Banking
  • Monthly statement with cheques returned
  • Around-the-Clock Deposit access with no initial set-up fee
  • Bank confirmations
  • Interest certificates

Value Assist Plans

Plan 1 2 3 4 5 6
In-branch monthly deposit limit1 10 10 20 20 25 25
Monthly transaction limit1 2 20 35 50 75 125 200
Fixed monthly plan fee $ 22 30 40 50 105 135
Fee waiver3 minimum balance $ 8,000 12,000 16,000 20,000 42,000 55,000
Monthly cash (note) deposit limit4 $1,000 3,000 5,000 7,000 10,000 15,000
Monthly cheques deposit limit4 10 20 30 50 70 100

Is there anything else I need to know?

Yes. There's a business banking plan that may be right for you. Should your needs change over time, you can simply switch at no cost into the Plan that offers the best fit.

The Next Step

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

To find out if you can save with Everyday Banking for Business Plans click here.

The cost of disposable UNISTOP® bags is not included in the Plans.


1  A $1 transaction charge applies for each in-branch deposit above Plan limits and for each above Plan limits. There may also be additional fees for deposit contents, depending on volume. If so, you will be notified by your branch.

2  Monthly Transaction Limit means the maximum number of transactions per month. A Transaction means any of the following: issuing a cheque; an Instabank® deposit or withdrawal; a pre-authorized debit, an electronic funds transfer (debit or credit), a Point of Sale (Interac) purchase debit or credit; and an Instabank®/Telephone/Netbanking bill payment account debit.

3  The fixed monthly Plan fee will be waived for a given month in which the minimum account balance is maintained in the Plan account. Transactions not included in the Plan's Monthly Transaction Limit or in excess of the maximum number allowed are not covered by the monthly Plan fee waiver.

4  Additional deposit contents - cash (notes) and cheques - beyond Plan deposit contents limits will be priced at standard fees.


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