Transit Number # 29042-001

BankBank of Montreal (BMO)
Branch Name2450 Sheppard Ave East
Routing Number000129042
Transit Number (MICR)29042-001
Address2450 Sheppard Ave East
CityWillowdale
StateON
Postal CodeM2J 1X1
Location Map of Bank of Montreal
Willowdale,ON
Location Map of 2450 Sheppard Ave East branch of Bank of Montreal in Willowdale,ON
 

Bank of Montreal

Willowdale-ON
List of Bank of Montreal Transit Numbers in Willowdale ( ON )
04572-001

 24652-001 29042-001 29712-001

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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.