Transit Number # 42242-002

BankBank of Nova Scotia (Scotiabank )
Branch NameAzilda
Routing Number000242242
Transit Number (MICR)42242-002
AddressNotre Dame St., P.O. Box 520
CityAzilda
StateON
Postal CodeP0M 1B0
Location Map of Bank of Nova Scotia
Azilda,ON
Location Map of Azilda branch of Bank of Nova Scotia in Azilda,ON
 

Bank of Nova Scotia

Azilda-ON

List of Bank of Nova Scotia Transit Numbers in Azilda ( 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.