Transit Number # 00020-307

Bank	Industrial and Commercial Bank of China (Canada) (ICBC)
Branch Name	6740 No 3 Road
Routing Number	030700020
Transit Number (MICR)	00020-307
Address	6740 No 3 Road
City	Richmond
State	BC
Postal Code	V6Y 2C2

Location Map of Industrial and Commercial Bank of China (Canada)
Richmond,BC

Industrial and Commercial Bank of China (Canada)

Richmond-BC

List of Industrial and Commercial Bank of China (Canada) Transit Numbers in Richmond ( BC )

00020-307

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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.