Key Takeaway: BMO Harris Bank does not directly offer any products or services for customers to buy cryptocurrencies through its online banking platform. The easiest way to buy Bitcoin and other digital assets with a BMO Harris account is through a regulated cryptocurrency exchange in the USA.

If you are looking to get started quickly, we recommend eToro who offer fast and cheap USD transfers from BMO Harris to buy and sell Crypto, Stocks, ETFs and more for zero fees.

Platform Highlights
  • Fast and Cheap US Dollar deposits from US Banks and ACH Transfer.
  • Trade over 70 Cryptocurrencies on a trusted and regulated platform.
  • Low and variable trading fees with tight spreads.

Table of Contents

How to Buy Crypto with BMO Harris

The easiest and safest way to invest in digital assets with a BMO Harris Bank account is through a FINRA-licensed cryptocurrency exchange. With this method, BMO Harris Bank customers can transfer US Dollars from their account to a licensed broker to buy and sell cryptos like Bitcoin, Ethereum and Solana.

In the guide below, we outline a simple 4-step process to start investing with a leading broker in the USA called eToro. They offer instant and free ACH transfers from BMO Harris to trade 80 cryptos and thousands of other assets.

  1. Sign up to the eToro platform and verify your personal information.
  2. Select 'Deposit Funds' and 'Bank Transfer' to connect your BMO Harris account.
  3. Deposit USD from your BMO Bank account.
  4. Find the Crypto you want to buy and select 'Trade'.
Buy Crypto, Stocks, ETFs and more on one platform via BMO Harris.

Is BMO Harris Bank Crypto Friendly?

There is no clear answer to this question. While the bank has not made any clear statements regarding its stance on cryptocurrencies, it does not currently offer any services related to cryptocurrencies. This could change in the future, but for now, it appears that BMO Harris Bank is friendly toward the asset class and does allow customers to interact with licensed exchanges.


This is good news for customers of BMO Harris Bank who wish to invest in cryptocurrencies, as they will not be restricted in their ability to do so. However, it is worth noting that the bank may change its stance on cryptocurrencies in the future, so customers should keep this in mind when making any investment decisions.

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Fees for buying Bitcoin with BMO

The two fees you need to consider when investing in digital assets with BMO Harris are:

  • Deposit Fees: The fees you pay when depositing USD to an exchange
  • Trading Fees: The fee charged to buy Bitcoin with USD

When it comes to eToro, BMO Harris account holders will pay zero fees to deposit USD onto the exchange and zero fees to trade cryptocurrencies.

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About BMO Bank

BMO Harris Bank is a leading financial institution in the United States. It offers a wide range of services, including personal banking, commercial banking, and wealth management. The bank was founded in 1882 and is headquartered in Chicago, Illinois. It is regulated by the Federal Reserve System.

The bank has a strong focus on providing excellent customer service. It has a team of knowledgeable and experienced bankers who are ready to assist customers with their banking needs. The bank also offers online and mobile banking services. These services allow customers to conduct transactions and manage their accounts from anywhere in the world.

BMO Bank

BMO Harris Bank provides a secure and convenient way for customers to send money. The bank offers several money transfer options, including wire transfers, ACH transfers, and online money transfers. Customers can also use their debit cards to make purchases or withdraw cash from ATMs worldwide.

Overall, BMO Harris Bank is a safe and reliable financial institution. It is FDIC insured and has a strong reputation for providing excellent customer service. The bank is a good choice for customers who are looking for a comprehensive range of banking products and services.

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