Canadian Imperial Bank of Commerce
British Columbia - Courtenay
Driftwood Mall Banking Centre
Routing Number # 001004940

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameDriftwood Mall Banking Centre
Routing Number001004940
MICR (Transit Number)04940-010
Address2785 South Island Highway
CityCourtenay
StateBritish Columbia
Postal CodeV9N 2L8
Location Map of Canadian Imperial Bank of Commerce
Courtenay,BC
Location Map of Driftwood Mall Banking Centre branch of Canadian Imperial Bank of Commerce in Courtenay,BC
 

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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.