Canadian Imperial Bank of Commerce
Ontario - Bradford
Hwy 88 & 10th Side Rd Banking Cent
Routing Number # 001001042

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameHwy 88 & 10th Side Rd Banking Cent
Routing Number001001042
MICR (Transit Number)01042-010
Address549 Holland St. W.
CityBradford
StateOntario
Postal CodeL3Z 2A4
Location Map of Canadian Imperial Bank of Commerce
Bradford,ON
Location Map of Hwy 88 & 10th Side Rd Banking Cent branch of Canadian Imperial Bank of Commerce in Bradford,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.