Put your idle cash to work

Designed for companies that routinely carry a large balance in their checking accounts, BMO Capital Markets' Eurodollar Sweep investment service is a passive tool that automatically invests excess balances of USD$100,000 or more.

We link your account to an investment account, investing your funds overnight Eurodollar time deposits^*. At the beginning of the next business day, we post the principal and interest back to your checking account. It can be an ideal service for companies that wish to earn competitive market rates on funds that would otherwise sit idle.

^*Funds are invested offshore in Harris N.A.'s Nassau, Bahamas branch. They are not FDIC insured, and therefore subject to sovereign risk.