A bank draft is a type of cheque where the payment is guaranteed to be available by issuing bank. We offer bank drafts in Canadian and US dollars and can be purchased at any BMO Bank of Montreal …

Open a U.S. dollar chequing account online. Perfect for frequent travelling, cross border shopping or taking advantage of favourable exchange rates in Canada.

Apr 13, 2025 · If you’re cashing a bank draft, you’re in luck because bank drafts are guaranteed by the financial institution that issued them. So you won’t have to worry about not getting your payment in full.

Banks also issue money orders, whenever the amount of the payment is less than $1,000 CAD. Bank drafts usually cost between $4 and $6 CAD depending on the bank.

To get a BMO (Bank of Montreal) bank draft in the USA, UK, or Canada, follow these steps: Visit a BMO Branch: Go to a BMO branch with a valid ID and your account information. Request the...

If in the future you require any copies of cheques that are no longer available through BMO Mobile and BMO Online Banking you may request a copy at a BMO branch or by calling 1-877-225-5266.

Nov 2, 2023 · Money Order: A money order is similar to a bank draft. Just like a bank draft, the funds are secured from your account. The main difference between a bank draft and a money order is that you …

Dec 12, 2020 · • When opening your account, make your USD money order or bank draft or cheque payable to "BMO Harris Bank N.A." and on the back of it, write "for deposit only" followed by your …

Jun 20, 2025 · BMO only markets USD account services for personal customers. If you need to transact in other currencies like GBP and EUR, you may prefer a more flexible account solution from Wise.

When you use your BMO Debit Card to withdraw cash at a non- BMO ATM in or outside of Canada or a non- BMO Harris Bank ATM in the United States, we may charge a fee when you complete the …