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How to transfer money from your BMO Bank of Montreal account! (Updated guide)BMO Chequing Accounts have distinct beneficial features, such as no monthly minimum balance except for a monthly fee waiver. However, there are. The Interest Chequing Account is no longer offered to new customers and existing accounts are not transferable between BMO Bank of Montreal branches. Service. Looking for a unique chequing account that suits your lifestyle? We've got you covered! Read on to discover which chequing account is right for your lifestyle.