SHINHAN BANK CANADA : Transit Numbers - Routing Numbers

(Click on Transit Numbers / Routing Number to get more details about the Bank branch office.)

Routing Number	Transit Number	State	City	Postal Code	Branch	Address
035508101	08101-355	BC	Coquitlam	V3B 5R5	Branch	Unit 2842, 2929 Barnet Highway
035508083	08083-355	ON	Markham	L3T 0C4	7191 Yonge Street	Suite 6 & 7
035508066	08066-355	ON	Mississauga	L5A 1W8	Mississauga Branch	257 Dundas Street East Unit 3&4
035508048	08048-355	ON	Toronto	M2N 6Z4	Main Branch	5095 Yonge St Unit B2

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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.