BMO won't let me close my checking account (but is happy to

I closed my BMO account last year by moving all my money out (balance = zero) then going to My Messages -> Send a message. The message was along the lines of “hello, please close …

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Ready To Close Down My BMO Account, Anything I Should Know …

3 weeks from now

Feb 4, 2008 · Well all my student loans are paid off, my pre-authorized debits and withdrawals have been moved to PC Financial. Aside from the "$8.50 PLUS PLAN" Service Charge …

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FAQs about BMO won't let me close my checking account (but is happy to Coupon?

What happens when you close a BMO account?

When I closed my BMO account they found that the credit card owed me money and they cut a cheque for me. You can do it with a teller. They will, however, likely charge you partial monthly fees when closing. They did to mine when I left. The amount of time spent researching this topic you could’ve walked in and closed it by now. ...

Can I Close my BMO account at a teller?

You can do it with a teller. They will, however, likely charge you partial monthly fees when closing. They did to mine when I left. The amount of time spent researching this topic you could’ve walked in and closed it by now. I closed my BMO account at the teller. Took about 2 minutes. ...

How much does it cost to close a BMO account?

If you choose to close your account within 90 days of opening it, the bank will charge a $20 fee. BMO considers accounts that have been inactive for two years to be dormant. The bank will send the account holder a notice after two years, and after five years of inactivity, they will charge the account a dormant account fee of $30. ...

Can I Keep My BMO credit card if I Close my account?

You can keep your MasterCard or VisaCard branded credit cards even if you decide to close your BMO checking account. This is because credit cards are usually a separate product that can be used independently of the banks’ other offerings. ...

What should I do before closing my BMO account?

Before closing your BMO account, change your direct deposits or preauthorized debits to avoid missing regularly scheduled payments or incoming paychecks. If you don’t, you could find yourself on the receiving end of non-sufficient funds (NSF) fees when the payments bounce. ...

How do I transfer money from BMO?

Transfer your money from BMO You have two options: transfer your funds out of the account yourself or wait for BMO to do the transfer after the account is closed. If you go with the first option, try to move the money out on the first day of the month. This way, there won’t be any accrued interest to deal with if the account earns interest. ...