Can you trade forex on BMO?
BMO conducts its FX market activities in a manner consistent with the principles of the Code in support of a liquid, robust, accessible and appropriately transparent FX market. BMO’s sales and trading personnel do not serve as brokers or agents to a client.
Does BMO charge a fee for currency exchange?
The exchange rate for converting refunds of foreign currency transactions to Canadian dollars is the rate charged to us by MCI minus 2.5%. We make the conversion on the date the transaction or refund is posted to your account. the rate charged to us by MasterCard International (“MCI”) plus 2.5%.
What exchange rate does BMO use?
Foreign Exchange Rates
| Country | Currency | We will sell to you |
|---|---|---|
| United States | US Dollar (USD) | 1.2867 |
| European Union | Euro (EUR) | 1.4827 |
| United Kingdom | Pound Sterling (GBP) | 1.7449 |
| Australia | Australian Dollar (AUD) | 0.9597 |
How can I buy USD in BMO?
How do I buy foreign currency?
- To order foreign currency, sign in to BMO Online Banking.
- Select My Accounts in the top navigation menu.
- Select your chequing account.
- Click Order Foreign Currency in the left navigation menu.
- Enter your order details, verify the info and you’re done.
Can I get pesos at BMO?
Available to BMO Harris customers. For same-day service, visit 1 of 59 branch locations to buy select currency. If we don’t have the currency you need, you can order it by 2:00pm CT and pick it up in 2 business days.
Can I get euros from BMO?
Visit your local BMO Bank of Montreal branch** to purchase more than 60 different currencies. Or go online to order up to $2,000 (Canadian) in U.S. dollars, British pounds sterling or Euros and have it delivered to you within 7 business days (courier fees apply). Order currency through your Online Banking account now.
Can I buy US stocks on BMO Investorline?
We offer you a wide range of investments that you can buy and sell. You can buy and sell: Canadian and U.S. Stocks.
Does BMO have foreign transaction fee?
The exchange rate for converting foreign currency transactions to Canadian dollars (for Canadian dollar cards) and to U.S. dollars (for U.S. dollar cards) is the rate charged to us by the payment network on the date the transaction is posted to your account plus 2.50% for purchases and minus 2.50% for refunds.