BMO

Light pays out of your BMO accounts and reads the statements back. Payment files leave Light in the format BMO expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

6 maintained formats sit behind this one entry — one per country, channel and message type BMO supports — and they are updated as the bank changes them, so a format change is never your project.

1. 01Pay suppliers, staff and tax from BMO in Canada, United States.
2. 02Domestic DCS, Domestic account to account, Domestic account to account express and 6 more — 9 payment types in all.
3. 03Connects over Encrypted file exchange (PGP).
4. 04Every payment carries its ledger reference, so the statement reconciles itself.