HSBC Bank Canada
Ontario - Sault Ste Marie
Sault Ste Marie
Routing Number # 001610102

BankHSBC Bank Canada (HSBC Bank Canada)
Branch NameSault Ste Marie
Routing Number001610102
MICR (Transit Number)10102-016
Address601 Queen Street East
CitySault Ste Marie
StateOntario
Postal CodeP6A 2A6
Location Map of HSBC Bank Canada
Sault Ste Marie,ON
Location Map of Sault Ste Marie branch of HSBC Bank Canada in Sault Ste Marie,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.