What is BMO's institution number?

BMO's institution number is 001, reflecting its status as Canada's first chartered bank (founded in Montreal in 1817). This 3-digit code identifies BMO in Canada's banking system and is the same for all BMO branches. Combined with your 5-digit branch transit number, it forms the 8-digit EFT routing number 0TTTTT001.

How do I find my BMO transit number?

Your 5-digit BMO branch transit number is printed at the bottom of any BMO cheque. It is the first 5-digit number in the MICR line before the institution number 001. You can also find it in BMO Online Banking by clicking your chequing account and selecting Account Details, or in the BMO Mobile Banking app.

What is BMO's SWIFT code?

BMO's SWIFT/BIC code for international wire transfers is BOFMCAM2. When receiving an international wire, provide the sender with: SWIFT code BOFMCAM2, your branch transit number, institution number (001), your full account number, your full legal name, and BMO's head office address: 100 King Street West, Toronto, Ontario, M5X 1A1, Canada.

What is the BMO EFT routing number format?

BMO uses an 8-digit EFT routing number in the format 0TTTTT001, where TTTTT is your 5-digit branch transit number and 001 is BMO's institution number. The leading zero is always required. For example, transit 00011 becomes EFT routing number 00011001.

How do I set up CRA direct deposit at BMO?

Log into CRA My Account and go to 'Direct Deposit'. Enter Bank of Montreal as the bank, your 5-digit transit number, institution number (001), and your full account number. You can also attach a void BMO cheque to CRA paper forms — CRA reads the MICR line. This applies to tax refunds, GST/HST credits, and other federal payments.

BMO Routing Number & Transit Number 2026 — Institution 001 and SWIFT BOFMCAM2

BMO’s institution number is 001 — the oldest in Canada’s banking system, reflecting BMO’s status as Canada’s first bank (founded 1817). Your branch transit number is a 5-digit code found on your cheque, in the BMO app, or online banking. EFT routing format: 0[transit]001. SWIFT code for international wires: BOFMCAM2.

Quick answer: BMO institution number: 001. Transit: 5-digit branch code (on cheque or in BMO app). EFT format: 0TTTTT001. SWIFT: BOFMCAM2. Phone: 1-877-225-5266.

BMO Routing Number Components

Component	Value	Notes
Institution number	001	All BMO branches
Branch transit number	5 digits	Branch-specific
EFT routing format	0[transit]001	8-digit code
SWIFT/BIC	BOFMCAM2	International wire transfers

How to Find Your BMO Transit Number

Method 1: Your BMO Cheque

Look at the MICR line (row of special characters) at the bottom of your cheque. Reading left to right: cheque number → transit number (in brackets) → institution number 001 (in brackets) → account number.

Method 2: BMO Mobile App

Open the BMO Mobile Banking app
Tap your Chequing Account
Tap Account Details
Your transit number, institution number (001), and full account number are displayed

Method 3: BMO Online Banking

Log in at bmo.com
Click your chequing account name
Select Account Details or View Account Information

Method 4: Void Cheque

In the BMO app → tap Account Details → View Void Cheque
Download the PDF — used for direct deposit setup with payroll, CRA, or billers

Method 5: Phone

Call 1-877-225-5266 (available 24/7). After identity verification, a representative provides your routing details.

Setting Up CRA Direct Deposit at BMO

The CRA pays tax refunds, GST/HST credits, Canada Child Benefit, Old Age Security, and CPP by direct deposit when you provide your banking details. Setting this up means faster payment — typically 5–8 business days after your return is processed rather than waiting for a mailed cheque.

Steps via CRA My Account:

Log in at canada.ca/my-cra-account
Go to Profile → Direct deposit → Start or update
Enter:
- Financial institution: BMO Bank of Montreal
- Transit number: your BMO transit (5 digits from app/cheque)
- Institution number: 001
- Account number: your full BMO account number
Save — changes process within 5–10 business days

Setting Up Payroll Direct Deposit

Give your employer or HR department:

Bank name: BMO Bank of Montreal
Transit number: your 5-digit BMO transit number
Institution number: 001
Account number: your full chequing account number

Or download a void cheque PDF from the BMO app — payroll systems read the MICR line automatically.

Understanding the EFT Routing Format

For Canadian electronic fund transfers (EFT), the routing format is an 8-digit number:

1 leading zero
Your 5-digit transit number
BMO’s 3-digit institution number: 001

Example: If your transit is 12345, your EFT routing number is 012345001.

This format is used when sending money between banks via EFT (not e-Transfer). Common uses: payroll systems, government payment systems, brokerage RRSP contributions, and pre-authorized debits.

BMO SWIFT Code for International Wires

For receiving international wire transfers into your BMO account, provide:

SWIFT/BIC: BOFMCAM2
Your BMO account number
Bank address: BMO Bank of Montreal, 100 King Street West, Toronto, ON M5X 1A1

BMO also supports outgoing international wire transfers — up to approximately $25,000/day online, higher amounts at a branch. Fee: approximately $25–$45 per outgoing international wire.

Institution Numbers for Major Canadian Banks

Bank	Institution #	SWIFT Code
BMO	001	BOFMCAM2
Scotiabank	002	NOSCCATT
RBC	003	ROYCCAT2
TD	004	TDOMCATTTOR
National Bank	006	BNDCCAMMINT
CIBC	010	CIBCCATT
Tangerine	614	—
Simplii	010 (CIBC)	CIBCCATT

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy