Routing Number # 054800002

Financial InstituteCIBC TRUST CORPORATION
Branch NameCIBC Trust Corporation
Routing Number054800002
Transit Number (MICR)00002-548
Address55 Yonge Street, Suite 900
CityToronto
StateON
Postal CodeM5E 1Y4
Location Map of CIBC TRUST CORPORATION
Toronto,ON
Location Map of CIBC Trust Corporation branch of CIBC TRUST CORPORATION in Toronto,ON
 

CIBC TRUST CORPORATION

Toronto-ON
List of CIBC TRUST CORPORATION routing numbers in Toronto ( ON )
054800002

      

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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.