Transit Number # 00016-608

BankCS ALTERNA BANK
Branch Name319 McRae Ave
Routing Number060800016
Transit Number (MICR)00016-608
Address2nd Floor
CityOttawa
StateON
Postal CodeK1Z 0B9
Location Map of CS ALTERNA BANK
Ottawa,ON
Location Map of 319 McRae Ave branch of CS ALTERNA BANK in Ottawa,ON
 

CS ALTERNA BANK

Ottawa-ON
List of CS ALTERNA BANK Transit Numbers in Ottawa ( ON )
00016-608

      

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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.