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How to Add A New Payee on BMO !Using the ACH Payments service to send or collect funds within the U.S. is easy and cost-effective. To help you set up your first ACH payment in Online. This Service allows you to originate ACH Entries to (a) disburse amounts from your designated Account with Bank (�Designated Account�) to receiving accounts by. In Online Banking for Business, select the Payments & Receivables tab. � Under "ACH", select Create Payments. � Choose the Payment Type from the drop-down menu.