Routing Number # 000303422

BankRoyal Bank of Canada (RBC)
Branch NameNipigon Branch
Routing Number000303422
Transit Number (MICR)03422-003
Address157 Railway St-PO Box 219, P.O. Box 219
CityNipigon
StateON
Postal CodeP0T 2J0
Location Map of Royal Bank of Canada
Nipigon,ON
Location Map of Nipigon Branch branch of Royal Bank of Canada in Nipigon,ON
 

Royal Bank of Canada

Nipigon-ON
List of Royal Bank of Canada routing numbers in Nipigon ( ON )
000303422

      

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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.