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For instance, routing numbers are of the banking institution to direct deposits.

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How to find BMO Account Number and Routing Number on App?
BMO, Spadina Avenue, Toronto, Ontario, Canada M4T 1N5. Account Name: Prosper Canada. Account No: , Transit No. Bank ID: BMO SWIFT code. In Toronto, Province Ontario (ON), the Bank Of Montreal has the following routing number for all EFT transactions (electronic fund transactions): Find the Bank of Montreal institution number, transit number, and routing number for domestic or international wire transfers.

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When combined with a customer's unique account number, the institution's routing number allows for the accurate and speedy transfer of money. Known by the common acronym "MICR", the magnetic ink character recognition code is widely used in the financial and banking industries to speed up the clearance and processing of documents such as cheques. Some of the information listed there includes the postal code, specific address of the bank, the MICR transit number, and more. Bank Of Montreal The name of the banking institution to which this number refers.