As an alternative to EFTs, you can transfer money from bank account to investment account by bill payment in online banking
Using your online banking website/app navigate to the “Add a Payee” tab in the Bill Payments section and select one of the following:
- BMO Nesbitt Burns Deposits and Regular Contributions
- For all deposits and contributions EXCLUDING spousal RRSP contributions
- BMO Nesbitt Burns Spousal Contributions
- ONLY for spousal RRSP contributions
Type in the full 10 digit account number for the Nesbitt Burns Investment account.
To make a transfer, select “Pay a bill”, select your BMO investment account set up and add amount.