Yes, you can open most BMO accounts online, but the process depends on the account type and whether you're a new customer

BMO lets you open a chequing or savings account online without visiting a branch, but the full process has two parts: you start online, then complete verification either through their app or at a branch. If you already bank with BMO, opening an additional account is faster — you can often finish entirely online. If you're new to BMO, you'll need to verify your identity, which usually means uploading documents or visiting a branch in person.

The online part takes about 10 to 15 minutes. The verification part — where things slow down — depends on which method you choose and how quickly BMO's team processes your documents. Most people see their account open within one to three business days if they upload documents, or when ready if they verify in branch.

Key Takeaways

  • BMO lets you start opening a chequing or savings account on their website or mobile app without leaving home.
  • New customers must verify their identity by uploading a government ID and proof of address, or by visiting a branch in person.
  • Existing BMO customers can often complete the entire process online without any branch visit.
  • Once your account opens, you can use online banking, bill pay, and transfers when ready, though debit card delivery takes five to seven business days.
  • Some account types — like investment accounts or accounts requiring a minimum deposit — may have different online opening rules.

What you need to open an account online as a new customer

Have your government-issued ID and proof of address ready. A valid passport, driver's license, or provincial ID works for identification. For proof of address, BMO accepts a recent utility bill, lease agreement, mortgage statement, or property tax notice — anything dated within the last 90 days with your name and current address on it.

You'll also need your Social Insurance Number (SIN), your date of birth, and your current address. If you're opening a joint account, both account holders need to provide their own ID and proof of address.

Have a phone number and email address ready — BMO uses these to send you security codes and account information. If you want to fund the account when ready, you'll need online banking access to another bank account (yours or someone else's) to transfer money in, or you can deposit cash at a BMO branch or ATM once your account opens.

The two paths to verify your identity online

Document upload is the most common route. After you fill in your personal information on BMO's website or app, you'll be asked to photograph or scan your ID and proof of address. Upload both files, and BMO's team reviews them — this usually takes one to three business days. You'll get an email when your account is approved.

In-branch verification is faster if you can visit. Bring your ID and proof of address to any BMO branch, and a representative will verify your information on the spot. Your account opens when ready, and you can leave with a debit card the same day (or it will be mailed to you). This route takes about 20 to 30 minutes.

Some BMO branches also offer video verification, where you complete the identity check through a video call with a BMO representative. Ask your local branch whether this option is available — it can be faster than uploading documents but doesn't require a physical visit.

What happens after your account opens

Once BMO confirms your identity, your account is active and you can use online banking when ready. You can set up bill payments, transfer money between your own accounts, and receive direct deposits right away. Your debit card will arrive by mail in five to seven business days.

If you need cash before your card arrives, you can withdraw from any BMO ATM using your online banking login and a temporary PIN, or visit a branch and ask a representative to help you withdraw. Some branches will also issue a temporary card on the spot.

Your account comes with online banking access, mobile app access, and the ability to set up automatic payments. You won't be charged a setup fee, though your account type determines monthly fees — BMO's basic chequing accounts have no monthly fee if you maintain a minimum balance or meet other conditions, so review the account details before you finish opening it.

Account types you can open online

BMO's chequing accounts — including their basic and premium options — can be opened online. Their savings accounts and high-interest savings accounts can also be opened online. These are the most straightforward accounts to open without a branch visit.

Investment accounts (like RRSPs or TFSAs) can sometimes be opened online, but the process may require additional steps or a phone call with an investment representative. Mortgage accounts and credit products (like lines of credit) cannot be opened online — you'll need to speak with a lending specialist, either by phone or in branch.

If you're unsure whether your chosen account type can be opened online, check the account details on BMO's website or call their customer service line before you start. Starting the process and then hitting a dead end wastes time.

If you already bank with BMO

Existing BMO customers have a much faster path. You can open an additional chequing or savings account entirely online through your existing online banking login — no document upload, no branch visit, no waiting. Your new account opens within minutes and is ready to use when ready.

This applies whether you're opening a second account in your own name or a joint account with someone else (though the other person will still need to verify their identity). BMO already has your information on file, so they skip the verification step.

Common reasons the online process stalls

Your documents don't match. If your ID shows a different address than your proof of address, or if the names don't match exactly, BMO will ask you to resubmit or clarify. Update your ID at your provincial government office, or provide a letter from your landlord or utility company explaining the discrepancy.

Your proof of address is too old. Documents dated more than 90 days ago won't work. If you've recently moved, a lease agreement or a new utility bill in your name works better than an old mortgage statement.

Your upload is blurry or incomplete. Make sure both sides of your ID are visible, the document is in focus, and all four corners are in the frame. Retake the photo and resubmit.

You're flagged for additional review. If BMO's system detects something unusual — like a very recent address change or a mismatch in your personal details — they may ask you to call or visit in person. This is not a rejection; it's a security step. Call the number in your email and answer their questions.

Frequently Asked Questions

How long does it take to open a BMO account online?

The online form takes 10 to 15 minutes. If you upload documents, approval usually takes one to three business days. If you verify in branch, your account opens when ready. Existing BMO customers can finish in minutes.

Can I use my account before my debit card arrives?

Yes. You can use online banking, bill pay, and transfers when ready. You can withdraw cash at a BMO ATM using your online login, or visit a branch and ask for a temporary card or cash withdrawal.

What if I don't have a proof of address document?

A lease agreement, utility bill, or mortgage statement all work. If you have none of these, visit a BMO branch with your ID and ask what alternative documents they accept — some branches will work with you on a case-by-case basis.

Do I need a minimum deposit to open an account online?

Most BMO chequing and savings accounts have no minimum opening deposit. You can open with zero dollars and deposit money later. Check your specific account type on BMO's website to confirm.

Can I open a joint account online?

Yes, but both account holders must verify their identity. You can start the process online, but both people will need to upload documents or visit a branch to complete verification.