BANK OF MONTREAL, THE, TORONTO - SWIFT/BIC Code

BANK OF MONTREAL, THE, TORONTO - SWIFT Code Information

SWIFT Code / BIC

BOFMCAT2FXM

Bank / Institution

BANK OF MONTREAL, THE

Address

KING AND BAY STREET STREETS, FLOOR 11

City

TORONTO

Postcode

MSX 1A1

Country

Canada

Connection

Active

BOFMCAT2FXM - SWIFT Code Breakdown

SWIFT Code

BOFMCAT2 or BOFMCAT2FXM

Bank Code

BOFM - code assigned to BANK OF MONTREAL, THE

Country Code

CA - code belongs to Canada

Location & Status

T2 - represents location, second digit means active code

Branch Code

FXM or not assigned, indicating this is a head office

Head Office

BOFMCAT2 - primary office of BANK OF MONTREAL, THE, Canada

What is a SWIFT Code BOFMCAT2FXM?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.