Bank of Montreal Routing Number - 000106242

Current Routing Number: 000106242

Institution Name	Bank of Montreal
Financial Institution Code	001
Branch Name	Investorline Toronto 2
Routing Number	000106242 (Routing number electronic payment format)
Transit Number (MICR)	06242-001 (Routing number MICR-encoded paper payment format)
Address	100 KING ST WEST, FCP B1
City	Toronto
State	Ontario
Change Date	June 28, 2021
Money Transfer	(Save on international money transfer fees by using TransferWise, which is up to 8x cheaper than transfers with your bank.)

About Transit Number - 06242-001

Transit Numbers are 5 digits long and together with the financial institution number they form a routing number:

06242-001

06242 - The first five digits are known as the Transit Number. It identifies the specific branch of the financial institution.
-001 - The next three digits represent a Financial Institution Number that identifies a specific bank or credit union.

Understanding the transit number is essential for conducting banking transactions within Canada, ensuring that funds are properly routed to the intended branch of the financial institution.

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What Does EFT Routing Number 000106242 Mean?

‘000106242’ is a Transit (Routing Number) of Bank of Montreal located in Toronto, ON . you can use it when you want to transfer e-funds from or to the Bank of Montreal account of the branch ‘100 KING ST WEST, FCP B1’.

How Routing Number 000106242 is Formed?

In Canada, the routing number is formed with the combination of the transit number and institution number. In 000106242, 001 is the institution number (Bank Code) and 06242 is the Transit number (Branch Number).

What is the Transit Number of 000106242 Routing Number?

000106242 routing number is made up of the institution number and the transit number. Where 06242 is the transit number.

Where Can I Use Routing Number 000106242?

You can use routing number 000106242, when you want to conduct any financial transactions which involve the branch of Bank of Montreal located in Toronto, ON . Postal Code- ON M5X 1A1.

Can I Find Routing Number 000106242 Online?

Yes, you can effortlessly find routing number 000106242 online on the official website of the Bank of Montreal, or on our ‘ Transit Number Validate’ tool.