Transit Number # 01032-002

Financial InstituteNATIONAL TRUST COMPANY
Branch Name105 Durham Street
Routing Number059005372
Transit Number (MICR)01032-002
Address105 Durham Street
CitySudbury
StateON
Postal CodeP3E 3M9
Location Map of NATIONAL TRUST COMPANY
Sudbury,ON
Location Map of 105 Durham Street branch of NATIONAL TRUST COMPANY in Sudbury,ON
 

NATIONAL TRUST COMPANY

Sudbury-ON
List of NATIONAL TRUST COMPANY Transit Numbers in Sudbury ( ON )
01032-002

 01032-002    

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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.