Canada · Financial institution
Bank of Montreal
Legal name in the LEI recordBank of Montréal
Bank of Montreal is a Canadian chartered bank. Its registered head office is in Montréal and its executive offices are in Toronto. It trades as BMO Financial Group, is widely held, and its common shares are listed on the Toronto Stock Exchange and the New York Stock Exchange. It provides personal and commercial banking, wealth management, global markets and investment banking services in Canada, the United States and select markets globally. Its US banking operations are carried out mainly through its subsidiary BMO Bank N.A. In May 2026 it agreed to sell its Transportation Finance and Vendor Finance businesses to Stonepeak.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BOFMCAM2XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of BOFMCAM2 marks reverse billing.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 11 branch codes
- BIC first registered
- 1977-11-21
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Ownership
Publicly listed
Tickers BMO · BMO
Institution type
Universal bank
Trades as BMO Financial Group
- Ownership
- Bank of Montreal is widely held, with 697.1 million common shares outstanding at 31 July 2026 listed on the TSX and NYSE.
- Stock listings
- Toronto Stock Exchange BMO
New York Stock Exchange BMO - Head office
- 100 King Street West, 21st Floor (First Canadian Place), M5X 1A1 Toronto, Canada (registered office: 129 Rue Saint-Jacques, Montréal, Québec H2Y 1L6, Canada)
- Name in the local language
- Banque de Montréal
Business lines
The group reports four operating segments: Canadian Personal and Commercial Banking, U.S. Banking, Wealth Management and Capital Markets.
Online
- Websites & references
- bmo.com ↗
newsroom.bmo.com ↗ corporate newsroom
capitalmarkets.bmo.com ↗ BMO Capital Markets business site
Wikidata Q806693 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 11 pages consulted
- bmo.com/en-ca/main/about-bmo/who-we-are/leadership-governance/executive-bios/
- bmo.com/en-ca/main/about-bmo/who-we-are/leadership-governance/board-of-directors/
- bmo.com/ir/files/Live-Files/CorporateFactSheet.pdf
- newsroom.bmo.com/2026-04-15-BMO-Announces-Election-of-Board-of-Directors
- newsroom.bmo.com/2026-08-25-BMO-Financial-Group-Reports-Third-Quarter-2026-Results
- newsroom.bmo.com/2026-05-11-BMO-Announces-Strategic-Sale-of-Transportation-and-Vendor-Finance-Businesses
- newsroom.bmo.com/2025-06-05-BMO-Financial-Group-Announces-Executive-Appointments
- canada.ca/en/financial-consumer-agency/news/2026/01/fcac-announces-an-administrative-monetary-penal
- bmo.com/en-us/main/about-bmo/who-we-are/leadership-governance/executive-bios/
- bmo.com/
- fintechfutures.com/job-cuts-new-hires/bmo-names-rahul-nalgirkar-as-next-cfo
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Darryl White Chief Executive Officer, BMO Financial Group
- Chair
- George A. Cope Chair of the Board
- Chief financial officer
- Rahul Nalgirkar Chief Financial Officer, BMO
- Executive
- Piyush Agrawal Chief Risk Officer, BMO Financial Group
- Executive
- Paul Noble General Counsel, BMO Financial Group
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Canada
- Office of the Superintendent of Financial Institutions Prudential supervisor
- Canada
- Financial Consumer Agency of Canada Conduct
- Canada
- Financial Transactions and Reports Analysis Centre of Canada AML supervisor
- Canada
- Canada Deposit Insurance Corporation Resolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
The bank agreed to sell its Transportation Finance and Vendor Finance businesses to Stonepeak and to retain a 19.9% equity interest.
newsroom.bmo.com ↗ -
Enforcement
The Financial Consumer Agency of Canada imposed a CAD 4 million penalty on the bank for Bank Act fee-disclosure violations affecting 101,091 customers.
canada.ca ↗ -
Leadership
Rahul Nalgirkar became Chief Financial Officer on 1 January 2026, succeeding the retiring Tayfun Tuzun.
fintechfutures.com ↗ -
Leadership
The bank made executive appointments effective 7 July 2025, including Aron Levine as President, BMO U.S. and Paul Noble as General Counsel.
newsroom.bmo.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BOFMCAM2XXX
- How the BIC breaks down
- BOFMBank
- CACountry · Canada
- M2Location · reverse billing
- XXXBranch · head office
- Branch description
- INTERNATIONAL BRANCH
- LEI
- NQQ6HPCNCCU6TUTQYE16
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- UK overseas entity ID
- OE027764 ↗
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Canada · North America
- Trading venues (MIC)
- Operates MIC BMLB list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1817
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The Bank of Montréal group has 15 institutions in the directory, in 6 countries: all hold a BIC.
Including Bank of Montreal Europe PLC, BMO Bank N.A., BMO Capital Markets Corporation, Bank of Montreal (China) CO. Ltd., BMO Bank N.A..
See the Bank of Montréal group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Registered beneficial owners
Companies House · overseas entity OE027764 ↗ · as at 9 October 2026
The entity states that it has no reasonable cause to believe that anyone is a registrable beneficial owner.
Overseas entities that own land in the UK must register their beneficial owners with Companies House. The entity reports them itself. Elucidate has not verified them.
A registrable beneficial owner holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown.
Matched on the entity’s legal name and country of incorporation in its LEI record.
See the beneficial owners at Companies House ↗Addresses
- Registered address
- 129 RUE SAINT- JACQUES MONTREAL H2Y 1L6 CANADA
- Operational address
- 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BOFMCAM2XXX</BICFI>
<LEI>NQQ6HPCNCCU6TUTQYE16</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BOFMCAM2XXX</BICFI>
<LEI>NQQ6HPCNCCU6TUTQYE16</LEI>
<Nm>BANK OF MONTREAL</Nm>
<PstlAdr>
<TwnNm>MONTREAL</TwnNm>
<Ctry>CA</Ctry>
<AdrLine>129 RUE SAINT- JACQUES MONTREAL H2Y 1L6</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| BMLB | BANK OF MONTREAL - LONDON BRANCHBMO | Operating MIC | Systematic internaliser |
Network
Branches and correspondent banking
All 11 branch BICs connect to the head office. Most were registered in 2026 (7 BICs) and 2024 (3). 29 other banks publish 30 accounts held with this bank.
- Own offices
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Respondent banks
From the correspondent lists other banks publish
29 other banks publish 30 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| CAD | Alpha Bank S.A. Greece | BOFMCAM2 | — | — | alpha.gr ↗ |
| CAD | Au Small Finance Bank Limited India | BOFMCAM2XXX | 31441045820 | inward wire transfers | au.bank.in ↗ |
| CAD | Banca Monte Dei Paschi di Siena Italy | BOFMCAM2 | 31691039634 | MM and FX transactions | gruppomps.it ↗ dated Nov 2022 |
| CAD | Banco Bpm SPA Italy | BOFMCAM2 | 31441039076 | CP and FX | gruppo.bancobpm.it ↗ dated Aug 2025 |
| CAD | Banco Santander Argentina S.A. Argentina | BOFMCAM2 | 31691032467 | payment orders in other currencies | santander.com.ar ↗ |
| CAD | Bank of Cyprus Public Company Limited Cyprus | BOFMCAM2XXX | — | — | bankofcyprus.com ↗ dated Jul 2026 |
| CAD | Basler Kantonalbank Switzerland | BOFMCAM2XXX | 31691033769 | FX, money market, derivatives and securities lending cash | bkb.ch ↗ dated 1 Aug 2025 |
| CAD | Canara Bank India | BOFMCAM2 | 31691035502 | inward remittances | canarabank.bank.in ↗ |
| CAD | Clearstream Banking S.A. Luxembourg | BOFMCAM2XXX | 31691043342 | — | clearstream.com ↗ dated 1 Jul 2026 |
| CAD | Dsk Bank Ad Bulgaria | BOFMCAM2 | — | — | dskbank.bg ↗ |
| CAD | DZ Bank AG, Deutsche Zentral- Genossenschaftsbank Germany | BOFMCAM2 | — | Commercial payments | dzbank.com ↗ dated 10 Jul 2026 |
| CAD | Emirates Islamic Bank (Public Joint Stock Company) United Arab Emirates | BOFMCAM2 | 31441046313 | — | emiratesislamic.ae ↗ |
| CAD | Federal Bank Limited, the India | BOFMCAM2 | 31691036927 | trade and personal payments/remittances | federal.bank.in ↗ |
| CAD | Indian Bank India | BOFMCAM2 | 31441044369 | — | indianbank.bank.in ↗ dated 4 Jul 2026 |
| CAD | ING Bank Slaski SA Poland | BOFMCAM2 | 3169-1055-407 | interbank transactions (SSI) | ing.pl ↗ |
| CAD | Itau Unibanco S.A Brazil | BOFMCAM2 | — | incoming international transfers | itau.com.br ↗ |
| CAD | Jyske Bank A/S Denmark | BOFMCAM2 | — | FX, money market, derivatives and banknote settlement | jyskebank.com ↗ |
| CAD | Kgi Bank CO., Ltd. Taiwan | BOFMCAM2 | — | — | kgibank.com.tw ↗ |
| CAD | Kotak Mahindra Bank Limited India | BOFMCAM2 | 31441039703 | inward remittances | kotak.bank.in ↗ |
| CAD | National Bank of Greece SA Greece | BOFMCAM2 | — | — | nbg.gr ↗ |
| CAD | OTP Bank Plc. Hungary | BOFMCAM2XXX | 31691039984 | Global Markets – FX, MM, Derivatives, Commodities, Banknotes, Cash Collaterals | otpbank.hu ↗ dated 1 Jan 2026 |
| CAD | Ping An Bank CO., Ltd. China | BOFMCAM2 | — | inward remittances | resources.pingan.com ↗ dated 28 Sep 2022 |
| CAD | Piraeus Bank SA Greece | BOFMCAM2 | — | commercial transactions | piraeusgroup.gr ↗ dated 1 Apr 2026 |
| CAD | Piraeus Bank SA Greece | BOFMCAM2 | — | treasury transactions | piraeusgroup.gr ↗ dated 1 Apr 2026 |
| CAD | Rbl Bank Ltd. India | BOFMCAM2 | 3144 1044 027 | Routing number 000131442 (per MasterCard instructions: BMO code 0001, branch code 31442) | rbl.bank.in ↗ |
| CAD | Shanghai Rural Commercial Bank CO., LTD China | BOFMCAM2 | 31441046428 | — | shrcb.com ↗ dated 2 Jul 2026 |
| CAD | State Bank of India India | BOFMCAM2 | 31691041275 | — | sbi.bank.in ↗ |
| CAD | The Commercial Bank (P.S.Q.C) Qatar | BOFMCAM2 | 31441044270 | settlement (SSI) | cbq.com.qa ↗ |
| CAD | The Royal Bank of Scotland International Limited Jersey | BOFMCAM2 | — | Standard settlement institution for cover of direct MT103 payments | pdf4pro.com ↗ |
| CAD | Turkiye Vakiflar Bankasi T.A.O Türkiye | BOFMCAM2 | 31441046305 | — | vbassets.vakifbank.com.tr ↗ dated 2025 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BOFMCAM2AUD | INTERNAL AUD | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2CHF | INTERNAL CHF | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2CUS | FOR US PRIME | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2024-07-06 |
| BOFMCAM2EUR | INTERNAL EUR | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2GBP | INTERNAL GBP | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2GPF | FOR US PRIME | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2024-08-03 |
| BOFMCAM2MXN | INTERNAL MXN | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2NBB | BMO NESBITT BURNS | Toronto | TORONTO TORONTO CANADA | — | 2018-04-06 |
| BOFMCAM2NBW | NBW | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2024-12-07 |
| BOFMCAM2THB | INTERNAL THB | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
| BOFMCAM2ZAR | INTERNAL ZAR | Montreal | 800 DE LA GAUCHETIERE SUITE 5600 MONTREAL MONTREAL H5A1K8 CANADA | — | 2026-06-06 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Registered beneficial owners—Companies House, Register of Overseas Entities · source ↗ as at 9 October 2026
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Bank of Montreal · Public domain · Wikimedia Commons · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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