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 FinCEN-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 Uphold. They offer instant and free ACH transfers from BMO Harris to trade 200 cryptos and hundreds of stocks, ETFs, metals and other assets..
- Sign Up: Create an account on Uphold and complete your verification (personal or company).
- Connect Account: Select the currency you want deposit on the Uphold Platform (USD + 30 more).
- Deposit Funds: Connect your BMO Harris Bank account or Debit/Credit Card to quickly deposit USD.
- Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.

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.
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 Uphold, BMO Harris account holders will pay zero fees to deposit USD onto the exchange and zero fees to trade cryptocurrencies. The only fee is in the spread between the buy and sell price, which averages at around 0.5% per trade. This is significantly cheaper than alternatives like eToro or Coinbase who charge over 2.99%.
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 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.
Final Thoughts
In conclusion, BMO Harris Bank does not offer direct support for buying cryptocurrencies through its platform. However, it does not restrict its customers from using regulated exchanges to purchase digital assets. The recommended exchange for BMO Harris customers is Uphold, which offers fast and low-cost ACH transfers from BMO Harris, a wide range of cryptos to trade, and is licensed and regulated by FinCEN in the USA.