It is rather necessary to keep a check on one’s budget or simply have a record of one’s transaction history for future reference. The information helps one track their spending and see if any fraudulent activity has taken place. The BMO Online Bank Account’s downloading of the transaction history is easy and secure to use for the users.
How to Download the BMO Bank Account Statement Data to Use in a Spreadsheet or Financial Program?
One could easily download the data directly in the format they require:
- Simply Accounting
One could also download it in comma-separated values format to use in spreadsheets, such as Excel.
- Sign in to the BMO online banking account
- Click on the bank account for which one would like to download the transactions history, under the My Accounts section on the list of links on the left side of the screen
- Click on the Download Account Details link, under the name of the account
The Download Bank Account Details Page:
- Confirm that the box is checked beside the account for which one would like to download the transactions. If not, click to select the box.
- In the download, one would be required to select the radio button beside
→ Activity since the last download
→ Transactions in the following date range
- If one selects the date range option, one must enter the From and To dates. One could click on the Calendar icon to select the From and To dates or could simply type them in MM/DD/YYYY format.
- In the Format: section from the drop-down select the software in which one intends to use the information. The choices include:
→ Simply Accounting
→ Spreadsheet (CSV format)
- CSV format is the “comma-separated values.” Each column of information will be separated from the next by a comma. This is the format that can be opened by Microsoft Office Excel and many other spreadsheet programs.
- Then click on the Continue button.
- If one wants to choose to download a spreadsheet, the Opening statement.csv popup window will open.
The Opening Statment.CSV Page
- Click to select the radio button beside
- Open with Microsoft Office Excel (or choose another program from the drop-down list)
- Save File
- Then click on the OK button.
- When selected, a spreadsheet will open with the user’s transaction history. One might need to widen some columns to see the values properly formatted.
- The data reported includes:
- The debit card number
- The Transaction type, such as Credit or Debit
- The date posted
- The transaction amount
- A description
- It will show when the user used their debit card on a certain date to make a purchase at a particular place
- When finished with online banking, sign out of the account.
- For increased security, clear the browser cache and close the browser session.
One could easily sort their spending by the description which may be useful if they use Debit to pay for certain purchases on a daily or regular basis.
What are the drawbacks of the Transaction History for a BMO Bank Account?
The transaction history does not differentiate between various types of transactions. For example, a pre-authorized bill payment is reported as a DEBIT just like an in-store purchase. This might create confusion and a lack of a clear understanding of the purchases.
How to keep one’s Financial Information Safe and Secure?
One might want to keep their downloaded banking transaction history on a separate device rather than on the hard drive of their computer, laptop or handheld. It would be therefore easier to delete the bank card number from the file so that others do not gain easy and free access.
This was all information we curated on Downloading BMO Bank Statement, we hope you have found the solution you were looking for, and just in case if you face any issues, kindly do drop by in the comments and we would get back to you ASAP.
Happy to help. Thank you for visiting the site!