I'm thinking of opening an account so I can deposit money at a teller to place in my Sobeys bank account and then have it transferred immediately to my BMO prepaid travel Mastercard so I can bypass the wait period that normally occurs when I put money on it through my President's Choice bank account as a bill payment. Anyone done anything like this before? I was told by a BMO rep over the phone that this is possible and instantaneous and that there would be no-fees involved but I've been given incorrect info by the reps before so I thought I'd confirm with some actual customers.
Also want to confirm that there are still no fees to deposit cash with the tellers, correct?
Also want to confirm that there are still no fees to deposit cash with the tellers, correct?