BMO Harris Express Loan PaySM Terms & Conditions

By using the BMO Harris Express Loan Pay service to make a payment to your BMO Harris loan account (auto, consumer or first mortgage loan) you agree to the following terms. "You" and "your" means the person using to the BMO Harris Express Loan Pay service and "we," "us" or "our" means BMO Harris Bank N.A.

  1. We will process your payment upon verification of your identity and your designated bank account. Only a checking account at a U.S. financial institution may be used as the designated account to make payments using the BMO Harris Express Loan Pay service. The designated account must be in your name and may not require two or more signatures.
  2. Your payment amount (excluding Convenience Fee) cannot exceed $5000 or the balance due in full on your loan (whichever is less). If your payment exceeds that amount we may reduce the amount of your payment to the lesser of $5000 or the balance due in full on your loan.
  3. If your payment on an auto or consumer loan is made after 10 p.m. Central Time ("CT") on a Business Day your payment will be credited to your loan account on the next Business Day. If your payment on a first mortgage loan is made after 5 p.m. CT on a Business Day your payment will be credited to your mortgage account on the next Business Day. Business Days are Monday through Friday except federal holidays.
  4. You agree to have sufficient available funds in your designated account to pay your payment amount and Convenience Fee. Based on the terms and conditions of your loan agreement, if any payment is returned unpaid from your financial institution for any reason we may charge a return payment fee. You may also be charged late fees if your payment is not received by the payment due date.
  5. You may cancel any pending payment by calling 1-877-553-2265 before 9 p.m. CT on the day the payment was authorized by you for an auto or consumer loan and before 4 p.m. CT on the day the payment was authorized by you for first mortgage loans. Auto or Consumer loan payments made on a Business Day between 9 p.m. and 10 p.m. CT and first mortgage loan payments made on a Business Day between 4 p.m. and 5 p.m. CT cannot be canceled and will be processed on the same Business Day.
  6. To use the BMO Harris Express Loan Pay service on the internet you must have a computer with an internet connection and a browser with 128-bit encryption. In the event of a system failure, your data may be lost or destroyed and any payment transaction that you initiated or were in the process of completing should be verified with us by using the Push to Talk feature on the BMO Harris Express Loan Pay website. You assume the risk of loss of your data during any system failure or interruption and are limited to one payment every 14 days. Additional payments can be made by mail, at the branch or by agent assisted Push to Talk payment.
  7. You agree to keep information regarding your designated account, your Harris loan account and this BMO Harris Express Loan Pay service secure. You acknowledge that there are certain security risks associated with the internet and expressly assume such risks when using the BMO Harris Express Loan Pay service.