Transit Number # 03071-039

Bank	Banque Laurentienne du Canada
Branch Name	Sept-Iles
Routing Number	003903071
Transit Number (MICR)	03071-039
Address	1305 Boul Blanche
City	Baie-Comeau
State	QC
Postal Code	G5C 3J3

Location Map of Banque Laurentienne du Canada
Baie-Comeau,QC

Banque Laurentienne du Canada

Baie-Comeau-QC

List of Banque Laurentienne du Canada Transit Numbers in Baie-Comeau ( QC )

03071-039

05691-039

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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.