Transit Number # 10259-509

Financial Institute	THE CANADA TRUST COMPANY
Branch Name	Red Deer Main
Routing Number	050910259
Transit Number (MICR)	10259-509
Address	6320-50th Avenue Unit 56
City	Red Deer
State	AB
Postal Code	T4N 4C6

Location Map of THE CANADA TRUST COMPANY
Red Deer,AB

THE CANADA TRUST COMPANY

Red Deer-AB

List of THE CANADA TRUST COMPANY Transit Numbers in Red Deer ( AB )

10259-509

12219-509

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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.