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How to transfer money from your BMO Bank of Montreal account! (Updated guide)My personal checking was suspended, with no reason given by agent as to why this happened. The terms I read say accounts will be closed after a year of. You can close a BMO Harris checking account by contacting the company over the phone or in person. Once you've made contact through your chosen method, verify. Account closed within 90 days of opening: Account closed within 14 business days. - Account closed after 14 business days. $ and monthly plan fee waived.