Q: How much does it cost to send a wire transfer with BMO?
A: BMO charges a percentage of the wire transfer value.
Sending a wire transfer will cost you a minimum of $15 and a maximum of $125.
The fee is 0.20% of the wire transfers value. For example:
- Sending $5,000 will cost the minimum fee of $15
- Sending $20,000 will cost $40
- Sending $50,000 will cost $100
- Sending $100,000 will cost the maximum fee of $125
In addition, BMO applies an additional “Communication charge” of $10, and any other financial institutions may have associated fees for incoming and outgoing wire transfers.
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