Bank of Montreal Online Banking System November 2012
Included in this Bank of Montreal Online Banking System November, 2012 review is information about the money market account being offered by this financial institution. For Americans to use this bank, they can use the American arm called the BMO Harris Bank, which is based out of Chicago. With this information you decide if investing your money with them is right for your financial future.
The BMO Harris Select Money Market rates are set up in a tiered format. The minimum balance levels include less than $5000, $5000, $10,000, $25,000, $50,000 and $100,000. The corresponding APYs are 0.05%, 0.05%, 0.05%, 0.15%, 0.15% and 0.15%.
To open a MMA with BMO Harris Bank requires a minimum deposit of $1,000. A monthly maintenance fee of $15 is assessed to each account that does not maintain a balance of $2,500 or more.
This account will give you free access to the Bank of Montreal electronic banking services. This will make it possible for you to view your account balance, recent transactional history and your monthly statements. You will also have free access to your funds thru BMO Harris ATMs. If you use a non-BMO Harris ATM, a $2 charge per transaction will be assessed to the account.
You will also have limited access to the electronic money management from Bank of Montreal. This includes the online bill paying program. With this program you will be able to literally pay anyone in America, any amount you have on deposit. There is a limit of 6 payments or withdraws per month as set by US federal regulations.
All Bank of Montreal Harris bank rates were posted on November 23, 2012 but are subject to change without any prior notice.
For additional resources involving financial help, please view Andrews Federal Credit Union Online Banking System November 2012 on this website.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
For up to the date information on the Bank of Montreal CD rates, please visit Best CD Rates Today.