Routing Number # 001000972

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameSimcoe Banking Centre
Routing Number001000972
Transit Number (MICR)00972-010
Address5 Norfolk St. S., 5 Norfolk St. S
CitySimcoe
StateON
Postal CodeN3Y 2V8
Location Map of Canadian Imperial Bank of Commerce
Simcoe,ON
Location Map of Simcoe Banking Centre branch of Canadian Imperial Bank of Commerce in Simcoe,ON
 

Canadian Imperial Bank of Commerce

Simcoe-ON
List of Canadian Imperial Bank of Commerce routing numbers in Simcoe ( ON )
001000972

      

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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.