Routing Number # 055010162

Financial InstituteMONTREAL TRUST COMPANY OF CANADA
Branch NameCustomer Orders
Routing Number055010162
Transit Number (MICR)01032-002
Address49 Durham Street
CitySudbury
StateON
Postal CodeP3E 3M2
Location Map of MONTREAL TRUST COMPANY OF CANADA
Sudbury,ON
Location Map of Customer Orders branch of MONTREAL TRUST COMPANY OF CANADA in Sudbury,ON
 

MONTREAL TRUST COMPANY OF CANADA

Sudbury-ON
List of MONTREAL TRUST COMPANY OF CANADA routing numbers in Sudbury ( ON )
055010162

 055030162    

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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.