Routing Number # 000284962

BankBank of Nova Scotia (Scotiabank )
Branch NameScarborough Town Centre
Routing Number000284962
Transit Number (MICR)84962-002
Address300 Borough Drive, Unit 211
CityScarborough
StateON
Postal CodeM1P 4P5
Location Map of Bank of Nova Scotia
Scarborough,ON
Location Map of Scarborough Town Centre branch of Bank of Nova Scotia in Scarborough,ON
 

Bank of Nova Scotia

Scarborough-ON
List of Bank of Nova Scotia routing numbers 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.