ROYAL TRUST CORPORATION OF CANADA
Ontario - Scarborough
Markham & Lawrence

Routing Number # 058005722

BankROYAL TRUST CORPORATION OF CANADA
Branch NameMarkham & Lawrence
Routing Number058005722
MICR (Transit Number)03754-003
Address789 Markham Rd
CityScarborough
StateOntario
Postal CodeM1H 2A3
Location Map of ROYAL TRUST CORPORATION OF CANADA
Scarborough,ON
Location Map of Markham & Lawrence branch of ROYAL TRUST CORPORATION OF CANADA in Scarborough,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.