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BMO bank scam victims say more needs to be done to protect depositsIf you use a BMO or Allpoint ATM in the U.S., there are no transaction fees for any BMO checking accounts. When you use a non-BMO ATM, there is. No monthly maintenance fee, no minimum balance � Unlimited transactions at 40,+ ATM s nationwide � Banking at your fingertips with BMO Digital Banking � pay. Since it is unlimited, it comes with a hefty monthly fee of $ per month. However, that fee can be waived if you maintain a regular balance of $4, within.