Transit Number # 08340-003

BankRoyal Bank of Canada (RBC)
Branch NameOak Bay Branch
Routing Number000308340
Transit Number (MICR)08340-003
Address2255 Oak Bay Ave
CityVictoria
StateBC
Postal CodeV8R 1G4
Location Map of Royal Bank of Canada
Victoria,BC
Location Map of Oak Bay Branch branch of Royal Bank of Canada in Victoria,BC
 

Royal Bank of Canada

Victoria-BC
List of Royal Bank of Canada Transit Numbers in Victoria ( BC )
01120-003

 01635-003 01810-003 01988-003
04317-003

 04367-003 04437-003 08000-003
08030-003

 08040-003 08050-003 08060-003
08080-003

 08160-003 08240-003 08300-003
08320-003

 08340-003 08370-003 10815-003

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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.