Some of the mis-information banks put out about non-brick and mortar banks

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This item was added by MarkKarjaluoto on May 30, 2008

Description: When I went to sign up for an ING Direct Investment Savings Account, BMO (my day-to-day bank at the time) said that every transfer to ING would be a wire transfer costing me $20 a pop. ING told me it was an electronic fund transfer costing me nothing, just like when an employer directly deposits into my account or when I use an Interac card. I think what BMO did was unethical. ( Edited by MarkKarjaluoto)

Link: http://www.bmo.com

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