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   Home > Cash Management > Receivables > Drawcheque Transfer and Activity

DrawCheque: Deposit Management and Transfer Service

Conveniently and securely consolidate deposits made at any Canadian deposit-taking institution into your BMO account – online or by phone.

Improve your Cash Flow
  • Transfer funds from other Canadian financial institutions to your BMO account
  • Simply dial a toll-free number and follow the easy instructions, or log in to a secure website
  • Get rapid access to your funds to cover expenses, reduce debt or reinvest in your company
Simplify and Streamline
  • Transfer funds or manage multiple business accounts online or by phone, anytime
  • Enjoy same-day value on transfers placed before 7 p.m. ET
  • Access easy-to-use reports to help you track and manage cash flows
Security and Convenience
  • For employee safety and convenience, let business outlets make deposits at the closest financial institution
  • Secure login process helps minimize risks
Consider DrawCheque if you:
  • Have multiple business locations
  • Need a cost-effective, easy way to consolidate funds from multiple financial institutions
  • Want a choice between using the web or phone to transfer and consolidate funds

The Next Step

To discuss further, contact us at
1 877 262-5907



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