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Adding TransferWise for OBT Bill Payments

In order to send CAD via  Bill Payment from your Bank of Montreal (BMO) bank account, you will need to follow the following steps.
  1. Log into your online BMO account
  2. Select the "Payments and Transfers" tab at the top of the screen
  3. From the drop down select *Make a Payment*
  4. Click on "Add a Payee"
  5. Enter in the following details about TransferWise
    • Payee Province - ON (Ontario)
    • Payee Name - TransferWise  
    • Account number- Your TransferWise membership number (Starts with P, no spaces or dashes)
  6. Click "Verify Payee"
Now that TransferWise has been added as a payee you are now able to make the OBT bill payment.

To initiate the payment to TransferWise you will need go back to the “Make a Payment” page and make the transfer. Simply choose which of your accounts you want to choose from, your new payee from the drop down (TRANSFERWISE), the amount you wish to transfer, and the date.

Submit the transfer and your money is on its way.

The funds should reach our account in 2-3 business days and we will be sure to notify you via email once they have been received.

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