Transit Number # 10642-016

Bank	HSBC Bank Canada (HSBC Bank Canada)
Branch Name	Forest Hill Village Branch
Routing Number	001610642
Transit Number (MICR)	10642-016
Address	Unit 106-Main Floor, 446 Spadina Road
City	Toronto
State	ON
Postal Code	M5P 3M2

Location Map of HSBC Bank Canada
Toronto,ON

Location Map of Forest Hill Village Branch branch of HSBC Bank Canada in Toronto,ON

HSBC Bank Canada Toronto-ON
List of HSBC Bank Canada Transit Numbers in Toronto ( ON )
00002-016	00012-016	10002-016	10012-016
10022-016	10057-016	10115-016	10152-016
10192-016	10202-016	10212-016	10232-016
10312-016	10362-016	10382-016	10392-016
10412-016	10422-016	10462-016	10532-016
10542-016	10562-016	10642-016	10652-016
10772-016	10782-016	10792-016	10824-016
10871-016	10912-016	10924-016	10930-016
10962-016	10982-016

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.

What is Swift Code?

SWIFT code (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements.

The SWIFT code is 8 or 11 characters, made up of:

4 letters: Institution Code or bank code.
2 letters: ISO 3166-1 alpha-2 country code
2 letters or digits: location code
- if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
- if the second character is "1", then it denotes a passive participant in the SWIFT network
- if the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
3 letters or digits: branch code, optional ('XXX' for primary office)

Where an 8-digit code is given, it may be assumed that it refers to the primary office.

Here is the list of all the institutes having SWIFT codes in Canada. All SWIFT codes >>

Transit Number # 10642-016

HSBC Bank Canada

Toronto-ON

Routing Number Search

What is the Routing Number?

EFT Routing Number

MICR Number (Transit Number)

What is Swift Code?