Routing Number # 059001022

Financial InstituteNATIONAL TRUST COMPANY
Branch Name255-10th Street Branch
Routing Number059001022
Transit Number (MICR)16022-002
Address255-10th Street, P.O. Box 9
CityHanover
StateON
Postal CodeN4N 3C3
Location Map of NATIONAL TRUST COMPANY
Hanover,ON
Location Map of 255-10th Street Branch branch of NATIONAL TRUST COMPANY in Hanover,ON
 

NATIONAL TRUST COMPANY

Hanover-ON
List of NATIONAL TRUST COMPANY routing numbers in Hanover ( ON )
059001022

      

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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.