Transit Number # 88716-002

BankTHE BANK OF NOVA SCOTIA
Branch NameThe Boardwalk
Routing Number000288716
Transit Number (MICR)88716-002
Address420 The Boardwalk
CityWaterloo
StateON
Postal CodeN2T 0A6
Location Map of THE BANK OF NOVA SCOTIA
Waterloo,ON
Location Map of The Boardwalk branch of THE BANK OF NOVA SCOTIA in Waterloo,ON
 

THE BANK OF NOVA SCOTIA

Waterloo-ON
List of THE BANK OF NOVA SCOTIA Transit Numbers in Waterloo ( ON )
02212-002

 07252-002 28332-002 61812-002
64832-002

 75572-002 81802-002 88336-002
88716-002

      

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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.