Routing Number # 058005812

Financial InstituteROYAL TRUST CORPORATION OF CANADA
Branch Name3535 New St
Routing Number058005812
Transit Number (MICR)03544-003
Address3535 New St
CityBurlington
StateON
Postal CodeL7R 2G3
Location Map of ROYAL TRUST CORPORATION OF CANADA
Burlington,ON
Location Map of 3535 New St branch of ROYAL TRUST CORPORATION OF CANADA in Burlington,ON
 

ROYAL TRUST CORPORATION OF CANADA

Burlington-ON
List of ROYAL TRUST CORPORATION OF CANADA routing numbers in Burlington ( ON )
058005322

 058005812    

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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.