Transit Number # 29562-001

BankBank of Montreal (BMO)
Branch Name206 Riton rd N
Routing Number000129562
Transit Number (MICR)29562-001
AddressP.O. Box 827
CityOshawa
StateON
Postal CodeL1G 0B2
Location Map of Bank of Montreal
Oshawa,ON
Location Map of 206 Riton rd N branch of Bank of Montreal in Oshawa,ON
 

Bank of Montreal

Oshawa-ON
List of Bank of Montreal Transit Numbers in Oshawa ( ON )
03512-001

 03522-001 29052-001 29562-001
33542-001

 36992-001    

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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.