Bank of Montreal
Quebec - Sherbrooke
Conseil et 10e avenue
Routing Number # 000102401

BankBank of Montreal (BMO)
Branch NameConseil et 10e avenue
Routing Number000102401
MICR (Transit Number)02401-001
Address955, Rue King Est
CitySherbrooke
StateQuebec
Postal CodeJ1G 1E3
Location Map of Bank of Montreal
Sherbrooke,QC
Location Map of Conseil et 10e avenue branch of Bank of Montreal in Sherbrooke,QC
 

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What is the Routing Number?

A routing number identifies the financial institution and the branch to which a payment item is directed. Along with the account number, it is essential for delivering payments through the clearing system.

In Canada, there are two formats for routing numbers:

EFT Routing Number

An Electronic Fund Transactions (EFT) routing number is comprised of a three-digit financial institution number and a five-digit branch number, preceded by a "leading zero".
Example : 0XXXYYYYY
  • 0 : Leading zero
  • YYY : Institution Number
  • XXXXX : Branch Number
The electronic routing number is used for routing electronic payment items, such as direct deposits and wire transfers.

MICR Number (Transit Number)

MICR Numbers or widely known as Transit Numbers are used in cheques processing. It appears on the bottom of negotiable instruments such as checks identifying the financial institution on which it was drawn.
A paper (MICR) routing number is comprised of a three-digit financial institution number and a five-digit branch number. It is encoded using magnetic ink on paper payment items (such as cheques).
Example : XXXXX-YYY
  • XXXXX : Branch Number
  • YYY : Institution Number
MICR stands for Magnetic Ink Character Recognition.