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How can I make an RESP contribution using the online banking, telephone banking or ABM service of my financial institution?

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How can I make an RESP contribution using the online banking, telephone banking or ABM service of my financial institution?

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In order to make a contribution into your RESP account, you will need to add your 10-digit BMO Nesbitt Burns RESP account number as a BMO Nesbitt Burns – Deposits and Regular Contributions biller in the bill payment section of your financial institution’s online or telephone banking service. In addition, you will need to contact your Investment Advisor with the beneficiary name/s and social insurance number/s for each RESP contribution. However, if the RESP contribution is set-up as a regularly scheduled payment (ex. Monthly), you will only be required to advise your Investment Advisor of the beneficiary name(s) and social insurance number(s) for the first scheduled payment.

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