THE BANK OF NOVA SCOTIA
Ontario - Scarborough
Cedarbrae Plaza

Routing Number # 000271332

BankTHE BANK OF NOVA SCOTIA
Branch NameCedarbrae Plaza
Routing Number000271332
MICR (Transit Number)71332-002
Address3475 Lawrence Avenue East
CityScarborough
StateOntario
Postal CodeM1H 1B2
Location Map of THE BANK OF NOVA SCOTIA
Scarborough,ON
Location Map of Cedarbrae Plaza branch of THE BANK OF NOVA SCOTIA 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.