Transit Number # 01718-003

BankRoyal Bank of Canada (RBC)
Branch NameYonge&Steeles(World on Yonge)Branch
Routing Number000301718
Transit Number (MICR)01718-003
Address7163 Yonge St
CityMarkham
StateON
Postal CodeL3T 0C6
Location Map of Royal Bank of Canada
Markham,ON
Location Map of Yonge&Steeles(World on Yonge)Branch branch of Royal Bank of Canada in Markham,ON
 

Royal Bank of Canada

Markham-ON
List of Royal Bank of Canada Transit Numbers in Markham ( ON )
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 00313-003 00477-003 00744-003
00783-003

 01334-003 01718-003 02196-003
02982-003

 03012-003 03614-003 04492-003
08112-003

      

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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.