Transit Number # 02520-001

BankBank of Montreal (BMO)
Branch NameNo. 1 Road and Steveston Highway
Routing Number000102520
Transit Number (MICR)02520-001
Address130 - 3900 Steveston Hwy
CityRichmond
StateBC
Postal CodeV7E 2K1
Location Map of Bank of Montreal
Richmond,BC
Location Map of No. 1 Road and Steveston Highway branch of Bank of Montreal in Richmond,BC
 

Bank of Montreal

Richmond-BC
List of Bank of Montreal Transit Numbers in Richmond ( BC )
02520-001

 02720-001 07820-001 08340-001
27390-001

 31720-001 34580-001 36480-001
36820-001

 38770-001    

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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.