Routing Number # 053500022

Financial InstituteHOME SAVINGS AND LOAN CORPORATION
Branch Name112 King St East
Routing Number053500022
Transit Number (MICR)00022-535
Address112 King St East
CityHamilton
StateON
Postal CodeL8N 4B3
Location Map of HOME SAVINGS AND LOAN CORPORATION
Hamilton,ON
Location Map of 112 King St East branch of HOME SAVINGS AND LOAN CORPORATION in Hamilton,ON
 

HOME SAVINGS AND LOAN CORPORATION

Hamilton-ON
List of HOME SAVINGS AND LOAN CORPORATION routing numbers in Hamilton ( ON )
053500022

      

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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.