Canadian Imperial Bank of Commerce
Ontario - Scarborough
ABM Channel & Card Managemt Services
Routing Number # 001002312

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameABM Channel & Card Managemt Services
Routing Number001002312
MICR (Transit Number)02312-010
Address6th- 305 Milner Ave
CityScarborough
StateOntario
Postal CodeM1B 3V4
Location Map of Canadian Imperial Bank of Commerce
Scarborough,ON
Location Map of ABM Channel & Card Managemt Services branch of Canadian Imperial Bank of Commerce 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.