Routing Number # 000305254

BankRoyal Bank of Canada (RBC)
Branch NameTyne Valley Br
Routing Number000305254
Transit Number (MICR)05204-003
AddressPO Box 8 Route 169, c/o Summerside Br
CityTyne Valley
StatePE
Postal CodeC0B 2C0
Location Map of Royal Bank of Canada
Tyne Valley,PE
Location Map of Tyne Valley Br branch of Royal Bank of Canada in Tyne Valley,PE
 

Royal Bank of Canada

Tyne Valley-PE
List of Royal Bank of Canada routing numbers in Tyne Valley ( PE )
000305254

      

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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.