Routing Number # 054450492

Financial InstituteMONTREAL TRUST COMPANY
Branch NameCustomer Orders
Routing Number054450492
Transit Number (MICR)30882-002
Address9555 Yonge Street - Unit #20
CityRichmond Hill
StateON
Postal CodeL4C 5T2
Location Map of MONTREAL TRUST COMPANY
Richmond Hill,ON
Location Map of Customer Orders branch of MONTREAL TRUST COMPANY in Richmond Hill,ON
 

MONTREAL TRUST COMPANY

Richmond Hill-ON
List of MONTREAL TRUST COMPANY routing numbers in Richmond Hill ( ON )
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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.