Routing Number # 054450114

Financial InstituteMONTREAL TRUST COMPANY
Branch NameCustomer Orders
Routing Number054450114
Transit Number (MICR)30023-002
Address129 Queen Street
CityCharlottetown
StatePE
Postal CodeC1A 7L1
Location Map of MONTREAL TRUST COMPANY
Charlottetown,PE
Location Map of Customer Orders branch of MONTREAL TRUST COMPANY in Charlottetown,PE
 

MONTREAL TRUST COMPANY

Charlottetown-PE
List of MONTREAL TRUST COMPANY routing numbers in Charlottetown ( PE )
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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.