|Financial Institute||ROYAL TRUST CORPORATION OF CANADA|
|Transit Number (MICR)||03724-003|
|Address||17600 Yonge St, PO Box 97|
|Postal Code||L3Y 2N1|
Location Map of ROYAL TRUST CORPORATION OF CANADA
ROYAL TRUST CORPORATION OF CANADA
|List of ROYAL TRUST CORPORATION OF CANADA Transit Numbers in Newmarket ( ON )|
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 NumberAn 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
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