Routing Number # 001000243

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameYarmouth Banking Centre
Routing Number001000243
Transit Number (MICR)00243-010
Address317 Main St., Box 68
CityYarmouth
StateNS
Postal CodeB5A 4B1
Location Map of Canadian Imperial Bank of Commerce
Yarmouth,NS
Location Map of Yarmouth Banking Centre branch of Canadian Imperial Bank of Commerce in Yarmouth,NS
 

Canadian Imperial Bank of Commerce

Yarmouth-NS
List of Canadian Imperial Bank of Commerce routing numbers in Yarmouth ( NS )
001000243

      

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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.