Routing Number # 001005070

BankCanadian Imperial Bank of Commerce (Laurentian Bank of Canada)
Branch NameCastleaird Plaza Banking Centre
Routing Number001005070
Transit Number (MICR)05070-010
Address1801 Columbia Ave.
CityCastlegar
StateBC
Postal CodeV1N 3Y2
Location Map of Canadian Imperial Bank of Commerce
Castlegar,BC
Location Map of Castleaird Plaza Banking Centre branch of Canadian Imperial Bank of Commerce in Castlegar,BC
 

Canadian Imperial Bank of Commerce

Castlegar-BC
List of Canadian Imperial Bank of Commerce routing numbers in Castlegar ( BC )
001000870

 001005070    

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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.