Transit Number # 09971-003

BankRoyal Bank of Canada (RBC)
Branch NameHwy 401 & James Snow Pkwy Br
Routing Number000309971
Transit Number (MICR)09971-003
Address1240 Steeles Ave E
CityMilton
StateON
Postal CodeL9T 6R1
Location Map of Royal Bank of Canada
Milton,ON
Location Map of Hwy 401 & James Snow Pkwy Br branch of Royal Bank of Canada in Milton,ON
 

Royal Bank of Canada

Milton-ON
List of Royal Bank of Canada Transit Numbers in Milton ( ON )
01248-003

 02057-003 02726-003 03092-003
09971-003

      

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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.