What is BMO's daily e-Transfer limit?

BMO's standard daily Interac e-Transfer sending limit is $3,000 for personal accounts. The 7-day rolling limit is approximately $10,000. These match the Interac network standard. Confirm your specific limits in BMO Online Banking or the BMO Mobile Banking app.

Are e-Transfers free at BMO?

On BMO Performance Chequing, Premium Chequing, and Student Chequing accounts, Interac e-Transfers are unlimited and free. On the Plus Chequing plan ($11.95/month, 25 transactions), each e-Transfer counts as one of your 25 monthly transactions. Over-plan transactions cost $1.50 each. Receiving an e-Transfer is always free.

How do I send an e-Transfer from BMO?

Log in to BMO Online Banking at bmo.com or open the BMO Mobile Banking app. Navigate to 'Transfers', then 'Send Interac e-Transfer'. Select the sending account, choose or add the recipient's email or phone number, enter the amount, set a security question if needed, and confirm. The transfer is debited from your account immediately.

How do I set up BMO Autodeposit?

In BMO Online Banking, go to 'Transfers', then 'Interac e-Transfer Settings', and select 'Autodeposit'. Register your email or Canadian mobile number and link it to a BMO account. Once active, e-Transfers sent to your registered contact will automatically deposit — no security question or acceptance needed by the recipient.

What is the maximum e-Transfer I can receive at BMO?

BMO accounts can receive up to $25,000 per individual Interac e-Transfer, which is the Interac network maximum. This applies to all Big 5 banks. There is no separate BMO-imposed lower receive limit for standard personal accounts.

BMO e-Transfer Limit 2026 — Daily Interac Limits and How to Send

BMO’s Interac e-Transfer daily limit is $3,000. The 7-day rolling limit is $10,000. You can receive up to $25,000 per transfer. e-Transfers are free and unlimited on Performance, Premium, and Student accounts. On the Plus Chequing account, each e-Transfer counts as one of your 25 monthly transactions.

Quick answer: BMO e-Transfer daily: $3,000. 7-day: $10,000. Receive: $25,000/transfer. Cost: free on Performance/Premium/Student; counts as transaction on Plus Chequing.

BMO e-Transfer Limits 2026

Limit	Amount	Notes
Daily send limit	$3,000	Resets midnight ET
7-day rolling limit	$10,000	Rolling window
Maximum per transfer	$3,000	Interac standard
Maximum receive per transfer	$25,000	Interac network max

How to Send a BMO Interac e-Transfer

Via the BMO app:

Open the BMO Mobile Banking app
Tap Transfers → Send Interac e-Transfer
Select your BMO chequing account
Choose a saved contact or add a new recipient (email or Canadian phone number)
Enter the amount (max $3,000)
Add a message (optional)
If the recipient has Autodeposit: no security question required
If no Autodeposit: create a security question and answer
Review and tap Send

Via BMO Online Banking (bmo.com): Same steps apply — navigate to Transfers → Interac e-Transfer.

Funds are debited immediately from your BMO account. Autodeposit recipients receive their funds within minutes. Recipients without Autodeposit must accept within 30 days.

Cost by Account Type

BMO Account	e-Transfer Cost	Notes
BMO Performance Chequing	Free	Unlimited
BMO Premium Chequing	Free	Unlimited
BMO Student Chequing	Free	Unlimited
BMO Youth Chequing	Free	Unlimited
BMO Plus Chequing	Counts as 1 of 25 monthly transactions	Extra transactions at $0.65 each
BMO Smart Money	Limited — check account terms

If you’re on Plus Chequing and regularly send e-Transfers, upgrading to Performance Chequing may make sense if you typically exceed 25 transactions/month.

Setting Up BMO Autodeposit

Autodeposit automatically deposits incoming e-Transfers to your BMO account without requiring you to log in and accept each one.

How to set up:

Open the BMO app → Transfers → Interac e-Transfer → Autodeposit
Register your email address or Canadian mobile number
Complete the verification step (confirmation code sent to your email/phone)
Link to your BMO chequing account

Once set up, all future e-Transfers to your registered email or phone number are automatically deposited. You receive a notification each time.

Sending Over $3,000 with BMO

When a single payment exceeds $3,000, your options at BMO include:

Split over two days — $3,000 today, the balance tomorrow
BMO domestic wire — higher limit but costs $15–25 per transfer; processed same business day if initiated before 3 PM ET
BMO online bill payment — for payees set up in BMO’s system, higher limits may apply
Interact with recipient — if the recipient also banks at BMO, an internal BMO transfer may allow larger amounts

For large, occasional transfers (e.g., a $10,000 RRSP contribution to another institution), a wire transfer is the standard approach.

BMO vs. No-Fee Banks: e-Transfer Comparison

Bank	Daily Limit	Cost	Autodeposit
BMO Performance	$3,000	Free	Yes
BMO Plus	$3,000	Per transaction	Yes
Tangerine	$3,000	Free (unlimited)	Yes
Simplii	$3,000	Free (unlimited)	Yes
EQ Bank	$3,000	Free (unlimited)	Yes

BMO Performance Chequing e-Transfers are free — the same cost as the no-fee banks. The difference is the $15.95 monthly fee (waived at $4,000 balance) that comes with Performance Chequing.

Tips

Enable Autodeposit to receive transfers instantly without logging in
Upgrade to Performance if you exceed 25 monthly transactions — the unlimited plan pays for itself quickly if you’re paying $0.65 per extra transaction on Plus
Use e-Transfer for everyday amounts — faster than cheques, free on Performance, and no stop-payment risk
For large amounts, plan over two days or use a domestic wire

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy