NATIONAL TRUST COMPANY
Ontario - Owen Sound
Personal Trust
Routing Number # 059042402

BankNATIONAL TRUST COMPANY
Branch NamePersonal Trust
Routing Number059042402
MICR (Transit Number)42402-590
Address857 Second Avenue East, P.O. Box 340
CityOwen Sound
StateOntario
Postal CodeN4K 5P5
Location Map of NATIONAL TRUST COMPANY
Owen Sound,ON
Location Map of Personal Trust branch of NATIONAL TRUST COMPANY in Owen Sound,ON
 

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What is the Routing Number?

A routing number identifies the financial institution and the branch to which a payment item is directed. Along with the account number, it is essential for delivering payments through the clearing system.

In Canada, there are two formats for routing numbers:

EFT Routing Number

An Electronic Fund Transactions (EFT) routing number is comprised of a three-digit financial institution number and a five-digit branch number, preceded by a "leading zero".
Example : 0XXXYYYYY
  • 0 : Leading zero
  • YYY : Institution Number
  • XXXXX : Branch Number
The electronic routing number is used for routing electronic payment items, such as direct deposits and wire transfers.

MICR Number (Transit Number)

MICR Numbers or widely known as Transit Numbers are used in cheques processing. It appears on the bottom of negotiable instruments such as checks identifying the financial institution on which it was drawn.
A paper (MICR) routing number is comprised of a three-digit financial institution number and a five-digit branch number. It is encoded using magnetic ink on paper payment items (such as cheques).
Example : XXXXX-YYY
  • XXXXX : Branch Number
  • YYY : Institution Number
MICR stands for Magnetic Ink Character Recognition.