Accounts Payable – BMO E-Z Pay
Important notice to our valued providers of goods and services
In June 2007, BMO Financial Group implemented an image-enabled workflow system, BMO E-Z Pay, which automates the bank’s end-to-end process for receiving, approving and paying supplier invoices.
Benefits to our suppliers will include:
- Improved invoice processing time
- More accurate capture of invoice details
- Precise invoice status information
Written notification regarding this change was sent on March 26th, 2007 to the main address on file within our supplier records.
To ensure that all your invoices are promptly processed, please share this information with your branch offices so that they are made aware of the changes and address their invoices accordingly.
Action Required:
| If you are invoicing the following companies: |
Mail your invoices to: |
- Bank of Montreal
- BMO Nesbitt Burns Inc.
- Guardian Group of Funds Ltd.
- BMO Investments Inc.
- BMO InvestorLine Inc.
- BMO Trust Company
|
Accounts Payable
P.O. Box 370
Succursale St-Jacques
Montreal, QC H3C 2T1
Canada
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- BMO Nesbitt Burns Trading Corp. S.A.
- BMO Capital Markets Corp.
- Bank of Montreal (US) BMO
- Harris Bank Foundation
- Harris Bankcorp. Inc.
- Harris Capital Holdings Inc.
- Harris Financial Corp.
- Harris Investors Services Inc.
- Harris Mid-American Holding Inc.
- Harris/MyCFO
- Harris MyCFO IAS LLC
- Harris N.A.
- Harris Preferrred Capital Trust
- Harris Processing Corp.
- Harris Investment Management Inc.
- Harris Bankcorp. Insurance Services Inc.
- Sullivan, Bruyette, Speros & Blaney Inc.
- The Harris N.A.
|
Accounts Payable
P.O. Box 0010
Chicago, Illinois 60690
U.S.A.
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| Note: If you currently submit a special pre-arranged electronic file, no new action is required. |
Important information about your invoices:
In order for BMO Financial Group to be able to process and pay your invoices in a timely manner, the following information must be included on your invoice:
- The proper name of the company within BMO Financial Group (see table above). Invoices addressed to BMO Financial Group will be returned unpaid.
- Invoice number
- Date of invoice
- Description of the goods / services provided
- Invoice amount
- Taxes, if applicable
- Your tax registration number, if applicable
- Full name of the employee that placed the order (your contact).
NB: This name is very important for invoice approval and timely processing.
- Department / branch name
- Department Cost Centre / Branch Transit Number
- Purchase order number, if one was used
- Your Supplier Reference Number if available (provided in the March 26th, 2007 letter informing you of this change)
Payment Option Available to you
Direct / electronic deposit - this option
- Is fast and secure
- Ensures that your payment will get processed in a more timely manner
- Eliminates the time and costs associated with issuing and handling cheques / checks.
In order to switch to direct / electronic deposit from cheque / check, download the appropriate form
More Information
We hope that the attached Frequently Asked Questions (PDF format) will provide you with answers to most of your questions.
- To contact our Accounts Payable Department, please call 1-866-458-8500 and follow the options for Accounts Payable.
- To follow-up on an outstanding invoice or payment, please fax a copy of your invoice along with your request to:
- Montreal Accounts Payable at 514-877-7669 OR
- Chicago Accounts Payable at 312-293-1493.
We look forward to continuing the relationship with you!
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