Transit Number # 12012-509

Financial InstituteTHE CANADA TRUST COMPANY
Branch NameOwen Sound
Routing Number050912012
Transit Number (MICR)12012-509
Address985 Second Avenue East
CityOwen Sound
StateON
Postal CodeN4K 2H5
Location Map of THE CANADA TRUST COMPANY
Owen Sound,ON
Location Map of Owen Sound branch of THE CANADA TRUST COMPANY in Owen Sound,ON
 

THE CANADA TRUST COMPANY

Owen Sound-ON
List of THE CANADA TRUST COMPANY Transit Numbers in Owen Sound ( ON )
12012-509

      

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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.