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BMO Checking Account Review - Pros And Cons Of BMO Checking Account (Is It Worth It?)How can I enjoy fee-free banking? If you're under 25 years old, we'll waive the monthly maintenance fee on your account; otherwise, you'll pay $5 monthly. Overview of the BMO US Dollar Business Account ; Monthly fees to be paid, $6 ; Deposit ; At a branch; Electronic Fund Transfer (EFT); Cash; Cheque. BMO Bank of Montreal foreign currency account fees ; $ monthly fee, $ monthly fee, $ monthly fee, $ monthly fee, $ monthly fee ; $4,