Most vendors prefer that payments be made via EFT instead of cheque. EFT formatting for some Canadian banks is supported in Financial Edge, but not for BMO (Bank of Montreal). We would like this formatting added so that we are able to use Financial Edge for EFT payments.
This would be very helpful to have BMO added its one of the largest banks in Canada and would make our processing much easier if added
Voted! BMO is one of the Top big retail bank in Canada and should be considered in FE for EFT Payments formatting.
It would definitely make our AP more efficient and less time consuming in manually sending out remittance advice.