Transit Number # 00016-187

Financial Institute	CANADA SAVINGS BOND REDEMPTION CERT.
Branch Name	Debt Administration Office
Routing Number	018700016
Transit Number (MICR)	00016-187
Address	245 Sparks Street, 245 Sparks St
City	Ottawa
State	ON
Postal Code	K1A 0G9

Location Map of CANADA SAVINGS BOND REDEMPTION CERT.
Ottawa,ON

CANADA SAVINGS BOND REDEMPTION CERT.

Ottawa-ON

List of CANADA SAVINGS BOND REDEMPTION CERT. Transit Numbers in Ottawa ( ON )

00016-187

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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.