Authorization to Transfer Account
Where do I submit my forms?
Complete the form, print it and then submit it to BMO InvestorLine using one of the ways listed below along with the most recent
copy of your statement(s) from the transferring institution. If you have any questions about the application, please contact us toll free at
1-888-776-6886 during our business hours from 8:00 a.m. - 8:00 p.m. ET, Monday to Friday.
Attn: BMO InvestorLine
250 Yonge Street, 8th Floor
Toronto, ON Canada M5B 2L7
BMO Bank of Montreal branch
BMO InvestorLine Store, Located at street level
First Canadian Place
100 King St. W.
Toronto, Ontario M5X 1A1
Open: Monday - Friday 8 a.m. to 5 p.m. EST
Why do you need my SIN (Social Insurance Number) to process my transfer?
Industry regulations require your SIN and name match the information on file with the delivering and receiving institutions involved in
How long will it take for my transfer to be completed?
Depending on the delivering institution, the type of transfer and the positions being transferred, a transfer can take from 10 to 45
business days. To ensure your transfer is processed within this timeframe, make sure to submit all your required documentation and
complete all the information on the form.
How can I follow up on the status of my transfer?
You can find out if your transfer is complete by logging into your account and visiting the MyHoldings page under MyPortfolio. You can
also call us at 1-888-776-6886, Monday to Friday between 8:00 a.m. - 8:00 p.m. ET.
Can I transfer my spousal RSP into my regular RSP at BMO InvestorLine?
No, spousal RSP accounts can only be transferred into a spousal RSP account.
What is important to remember when I transfer a locked-in account?
Note that the locked-in jurisdiction on the BMO InvestorLine account must match the jurisdiction of the delivering institution.
What is important to remember when I transfer a RRIF/LIF account?
You must make sure that you have enough liquidity to make the minimum/maximum payment to the delivering institution before the
transfer is processed.
If I transfer an account from another BMO division, will the transfer happen automatically?
No, BMO Nesbitt Burns, BMO Mutual Funds and BMO term investment are different divisions which process transfers
under different industry regulations. Depending on the delivering institution, the type of transfers and the positions
being transferred, a transfer from another BMO division can take from 5 to 21 business days. To ensure your transfer is
processed within this timeframe, be sure to include all of your required information and documentation.
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