Canadian Imperial Bank of Commerce
Ontario - Pickering
Hwy #2 & Glenanna Banking Centre
Routing Number # 001007942

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameHwy #2 & Glenanna Banking Centre
Routing Number001007942
MICR (Transit Number)07942-010
Address1895 Glenanna Rd
CityPickering
StateOntario
Postal CodeL1V 7K1
Location Map of Canadian Imperial Bank of Commerce
Pickering,ON
Location Map of Hwy #2 & Glenanna Banking Centre branch of Canadian Imperial Bank of Commerce in Pickering,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.