Introduction

Routing numbers are essential for seamless and secure financial transactions in Canada. If you’re searching for detailed information about Canada routing number 001610049, you’re in the right place. In this guide, we’ll explore what this routing number means, which institution it’s linked to, and how it’s used in everyday banking operations.

What is a Routing Number in Canada?

A Canadian routing number is a unique identifier used to process payments through banks and credit unions. It ensures that your money is sent or received correctly between financial institutions.

In Canada, routing numbers are 8 or 9-digit numeric codes comprising two parts:

• Transit number (5 digits): Identifies the individual bank branch.

• Institution number (3 digits): Identifies the financial institution.

When combined, they look like this: 001610049 — a format used especially for Electronic Funds Transfers (EFTs) and direct deposits.

Understanding Routing Number 001610049

The Canada routing number 001610049 belongs to Bank of Montreal (BMO), one of the largest and most trusted financial institutions in the country.

• Institution Number: 001 (Bank of Montreal)

• Transit Number: 61004

• Full Routing Number: 001610049

• Branch Location: Calgary, Alberta, Canada

This routing number is used for both electronic payments and paper-based transactions like cheques, ensuring your funds reach the correct BMO branch.

Where is Routing Number 001610049 Used?

Routing number 001610049 is commonly used in:

• Direct deposits of payroll, government benefits, or pensions.

• Pre-authorized debits for bill payments like utilities or subscriptions.

• Wire transfers and bank-to-bank transfers within Canada.

• Setting up Interac e-Transfers linked to a specific BMO account.

• Online and mobile banking transactions.

It’s especially important when setting up payments or deposits with third-party platforms such as PayPal, CRA, or your employer.

Why is the Correct Routing Number Important?

Using the right routing number is crucial for:

• Avoiding failed transactions

• Preventing delays in fund transfers

• Ensuring payments are directed to the correct bank and branch

• Protecting against errors or misdirected deposits

If you use the wrong routing number, the transaction may bounce or go to an unintended recipient, which can cause major delays or security concerns.

How to Find Your BMO Routing Number

There are multiple ways to find the correct routing number for your BMO account:

On Your Cheque

Look at the bottom of your cheque. The sequence is:

• First 5 digits: Transit Number (e.g., 61004)

• Next 3 digits: Institution Number (001 for BMO)

Through Online Banking

Log into your BMO online banking:

• Click on your account.

• Select “Account Details.”

• Look for the “Direct Deposit” or “Pre-Authorized Payment” section.

Using the BMO Mobile App

• Open the BMO app.

• Select your account.

• Tap “Account Info” to view routing and account numbers.

Security Tips for Using Routing Numbers

While routing numbers are public, always combine them securely with your account number and other personal verification details.

• Never share your full account info over public channels.

• Use secure platforms for bank transfers.

• Regularly monitor your bank activity for unauthorized transactions.

Real-Life Uses for Canada Routing Number 001610049

Let’s say you’re working with an Alberta-based company, and your salary is to be directly deposited into your BMO account. You would provide your employer:

• Your account number

• The routing number: 001610049

Similarly, when setting up automatic mortgage or utility bill payments, this routing number ensures funds are pulled from the correct BMO branch.

Canada Routing Number 001610049 vs. SWIFT Codes

Many people confuse routing numbers with SWIFT codes. Here’s the difference:

• Routing Number: Used for domestic transactions within Canada.

• SWIFT Code: Used for international wire transfers.

For example, if someone from the US is sending money to your BMO account in Calgary, you’d need:

• BMO’s SWIFT Code: BOFMCAM2

• Your routing number: 001610049 (for branch verification)

Common Mistakes to Avoid

When using routing number 001610049, avoid these mistakes:

• Swapping the transit and institution numbers

• Using outdated or invalid routing numbers

• Entering the wrong account number alongside the correct routing number

• Confusing routing numbers with SWIFT or IBAN codes

Additional Bank Info Linked to 001610049

This routing number points to a BMO branch located in Calgary, Alberta. If you’re a resident or doing business in this region, this number will likely appear in your transaction details.

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FAQs About Routing Number 001610049

What is the branch location for routing number 001610049?

Routing number 001610049 is associated with a BMO branch in Calgary, Alberta, Canada.

Can I use routing number 001610049 for Interac e-Transfers?

Yes. As long as your account is linked to the BMO branch with this routing number, you can send or receive e-Transfers.

Is 001610049 a valid routing number for direct deposits?

Absolutely. This routing number is valid and actively used for payroll, government benefits, and more.

How do I verify a routing number in Canada?

You can verify it using your online banking, BMO app, or official bank directories.

Can I use this routing number for international transfers?

No. For international transactions, use BMO’s SWIFT code (BOFMCAM2). Routing numbers are for domestic transfers only.

The Canada routing number 001610049 plays a vital role in ensuring secure, accurate financial transactions for Bank of Montreal customers in Calgary. Whether you’re setting up direct deposit, paying bills, or receiving money from another Canadian account, using the correct routing number prevents delays and errors.