Routing Number # 058005702

Financial InstituteROYAL TRUST CORPORATION OF CANADA
Branch NamePeterborough
Routing Number058005702
Transit Number (MICR)05702-580
Address360 George Street N, P.O. Box 2080
CityPeterborough
StateON
Postal CodeK9J 7E7
Location Map of ROYAL TRUST CORPORATION OF CANADA
Peterborough,ON
Location Map of Peterborough branch of ROYAL TRUST CORPORATION OF CANADA in Peterborough,ON
 

ROYAL TRUST CORPORATION OF CANADA

Peterborough-ON
List of ROYAL TRUST CORPORATION OF CANADA routing numbers in Peterborough ( ON )
058005702

      

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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.