Routing Number # 035508048

BankSHINHAN BANK CANADA
Branch NameMain Branch
Routing Number035508048
Transit Number (MICR)08048-355
Address5095 Yonge St Unit B2
CityToronto
StateON
Postal CodeM2N 6Z4
Location Map of SHINHAN BANK CANADA
Toronto,ON
Location Map of Main Branch branch of SHINHAN BANK CANADA in Toronto,ON
 

SHINHAN BANK CANADA

Toronto-ON
List of SHINHAN BANK CANADA routing numbers in Toronto ( ON )
035508048

      

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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.