Canada: General information on cash instructions to Bank of Montreal

16.01.2024

Clearstream Banking1 kindly reminds clients and their counterparties making payments onto CBL Cash Correspondent Bank, Bank of Montreal, Montreal, to strictly follow the account format as shown in the table below and to avoid using special characters in the cash instructions.

By following this recommendation, payments will benefit from a straight-through processing (STP) process and there will be no delays due to repair steps.

Cash correspondent details

Currency:

Canadian Dollar (CAD)

CCB name:

Bank of Montreal, Montreal

CBL account:

31691043342

Swift address:

BOFMCAM2

Further information

For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.

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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.