Routing Number # 050916972

Financial InstituteTHE CANADA TRUST COMPANY
Branch NameCentral Ontario Money-IN HUB
Routing Number050916972
Transit Number (MICR)16972-509
Address4211 Yonge Street
CityNorth York
StateON
Postal CodeM2P 2B1
Location Map of THE CANADA TRUST COMPANY
North York,ON
Location Map of Central Ontario Money-IN HUB branch of THE CANADA TRUST COMPANY in North York,ON
 

THE CANADA TRUST COMPANY

North York-ON
List of THE CANADA TRUST COMPANY routing numbers in North York ( ON )
050911532

 050913252 050916972 050917712

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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.