BANK OF MONTREAL THE, FOREIGN EXCHANGE AND MONEY MARKET KING AND BAY STREET STREETS, TORONTO, Canada
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| BIC Name / Bank name / Institution Name | BANK OF MONTREAL THE |
| Bank Code / Institution Code | BOFM |
| Country | CANADA |
| Country Code (ISO 3166) | CA |
| City | TORONTO |
| City Code | T2 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | FOREIGN EXCHANGE AND MONEY MARKET |
| Branch Code | FXM |
| Swift Code / BIC Code |
BOFMCAT2FXM
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| Address | KING AND BAY STREET STREETS |
| Zip Code / Postal Code | MSX 1A1 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, BANK OF MONTREAL THE is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of BANK OF MONTREAL THE the first four characters from left BOFM indicates that it is BANK OF MONTREAL THE.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BANK OF MONTREAL THE characters 5 and 6 from left CA indicates that bank is in CANADA. It means that all the banks located in CANADA will have CA at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of BANK OF MONTREAL THE characters 7 and 8 from left T2 indicates that bank is in TORONTO. It means that all the branches of BANK OF MONTREAL THE located in TORONTO will have T2 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of BANK OF MONTREAL THE characters 9 - 11 from left FXM indicates branch code. It means that BANK OF MONTREAL THE Branch code: FXM is used for branches located at :KING AND BAY STREET STREETS. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.