Transit Number # 02831-039

BankBanque Laurentienne du Canada
Branch NamePort Elgin
Routing Number003902831
Transit Number (MICR)02831-039
Address854 2nd Avenue E
CityOwen Sound
StateON
Postal CodeN4K 2H3
Location Map of Banque Laurentienne du Canada
Owen Sound,ON
Location Map of Port Elgin branch of Banque Laurentienne du Canada in Owen Sound,ON
 

Banque Laurentienne du Canada

Owen Sound-ON

List of Banque Laurentienne du Canada Transit Numbers in Owen Sound ( ON )
02831-039

     

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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.