Routing Number # 050916062

Financial InstituteTHE CANADA TRUST COMPANY
Branch NamePeterborough Lansdowne
Routing Number050916062
Transit Number (MICR)16062-509
Address1096 Lansdowne Street West
CityPeterborough
StateON
Postal CodeK9J 1Z9
Location Map of THE CANADA TRUST COMPANY
Peterborough,ON
Location Map of Peterborough Lansdowne branch of THE CANADA TRUST COMPANY in Peterborough,ON
 

THE CANADA TRUST COMPANY

Peterborough-ON
List of THE CANADA TRUST COMPANY routing numbers in Peterborough ( ON )
050913132

 050916062    

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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.