Transit Number # 04162-001

BankBank of Montreal (BMO)
Branch Name1230 The Queensway
Routing Number000104162
Transit Number (MICR)04162-001
Address1230 The Queensway
CityEtobicoke
StateON
Postal CodeM8Z 1R8
Location Map of Bank of Montreal
Etobicoke,ON
Location Map of 1230 The Queensway branch of Bank of Montreal in Etobicoke,ON
 

Bank of Montreal

Etobicoke-ON
List of Bank of Montreal Transit Numbers in Etobicoke ( ON )
03682-001

 03792-001 04162-001 04192-001
04582-001

 23792-001 23802-001 24172-001
24352-001

 24922-001    

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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.