Transit Number # 03023-570

Financial Institute	ROYAL TRUST COMPANY (THE)
Branch Name	Nova Scotia Company Branch
Routing Number	057003023
Transit Number (MICR)	03023-570
Address	1660 Hollis St 3rd Floor
City	Halifax
State	NS
Postal Code	B3J 1V7

Location Map of ROYAL TRUST COMPANY (THE)
Halifax,NS

ROYAL TRUST COMPANY (THE)

Halifax-NS

List of ROYAL TRUST COMPANY (THE) Transit Numbers in Halifax ( NS )

03014-570

03023-570

03031-570

03043-570

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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.