BMO Faces Major Outage in Online Banking Services in Canada and U.S.

May 30, 2024, 12:30 PM

BMO is currently experiencing a significant outage affecting its online banking services in both Canada and the U.S. The bank has attributed the disruption to a 'false fire alarm' at a data centre, which has led to technical problems. BMO's technical team is actively investigating the issue and working to restore services. The outage has impacted customers' ability to access the bank's website and mobile app, with some reporting issues since early Thursday morning. The services have been down for hours.