MONTREAL TRUST COMPANY OF CANADA
Ontario - Oshawa
Customer Orders
Routing Number # 055010432

BankMONTREAL TRUST COMPANY OF CANADA
Branch NameCustomer Orders
Routing Number055010432
MICR (Transit Number)80762-002
Address22 King Street West
CityOshawa
StateOntario
Postal CodeL1H 1A3
Location Map of MONTREAL TRUST COMPANY OF CANADA
Oshawa,ON
Location Map of Customer Orders branch of MONTREAL TRUST COMPANY OF CANADA in Oshawa,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.