Transit Number # 01032-003

BankRoyal Bank of Canada (RBC)
Branch NameKeele & Hwy 7
Routing Number000301032
Transit Number (MICR)01032-003
Address7733 Keele St, 3300 Highway 7 - Ste 100
CityConcord
StateON
Postal CodeL4K 4M3
Location Map of Royal Bank of Canada
Concord,ON
Location Map of Keele & Hwy 7 branch of Royal Bank of Canada in Concord,ON
 

Royal Bank of Canada

Concord-ON
List of Royal Bank of Canada Transit Numbers in Concord ( ON )
00192-003

 01032-003 04458-003 04851-003
05471-003

 05532-003 06562-003 16794-003

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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.