Transit Number # 06172-003

BankRoyal Bank of Canada (RBC)
Branch NameLawrence & McCowan Br
Routing Number000306172
Transit Number (MICR)06172-003
Address3091 Lawrence Ave E
CityScarborough
StateON
Postal CodeM1H 1A1
Location Map of Royal Bank of Canada
Scarborough,ON
Location Map of Lawrence & McCowan Br branch of Royal Bank of Canada in Scarborough,ON
 

Royal Bank of Canada

Scarborough-ON
List of Royal Bank of Canada Transit Numbers in Scarborough ( ON )
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 01095-003 03604-003 05752-003
05756-003

 05762-003 05894-003 05922-003
05942-003

 06002-003 06022-003 06176-003
06172-003

 06176-003 06182-003 06462-003
06492-003

 06632-003 06832-003 07207-003
09242-003

      

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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.