Routing Number # 055030292

Financial InstituteMONTREAL TRUST COMPANY OF CANADA
Branch NameG.I.C. Repayments
Routing Number055030292
Transit Number (MICR)70052-002
Address101 Frederick Street
CityKitchener
StateON
Postal CodeN2H 6R2
Location Map of MONTREAL TRUST COMPANY OF CANADA
Kitchener,ON
Location Map of G.I.C. Repayments branch of MONTREAL TRUST COMPANY OF CANADA in Kitchener,ON
 

MONTREAL TRUST COMPANY OF CANADA

Kitchener-ON
List of MONTREAL TRUST COMPANY OF CANADA routing numbers in Kitchener ( ON )
055010292

 055030292    

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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.