Transit Number # 07480-010

BankCANADIAN IMPERIAL BANK OF COMMERCE
Branch NameTelephone Banking - Yukon
Routing Number001007480
Transit Number (MICR)07480-010
Address5650 Yonge Street, 20th Floor
CityNorth York
StateON
Postal CodeM2M 4G3
Location Map of CANADIAN IMPERIAL BANK OF COMMERCE
North York,ON
Location Map of Telephone Banking - Yukon branch of CANADIAN IMPERIAL BANK OF COMMERCE in North York,ON
 

CANADIAN IMPERIAL BANK OF COMMERCE

North York-ON

List of CANADIAN IMPERIAL BANK OF COMMERCE Transit Numbers in North York ( 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.