Routing Number # 050916632

Financial InstituteTHE CANADA TRUST COMPANY
Branch NameThunder Bay Mountdale
Routing Number050916632
Transit Number (MICR)16632-509
Address595 West Arthur Street, Suite 100
CityThunder Bay
StateON
Postal CodeP7E 5R5
Location Map of THE CANADA TRUST COMPANY
Thunder Bay,ON
Location Map of Thunder Bay Mountdale branch of THE CANADA TRUST COMPANY in Thunder Bay,ON
 

THE CANADA TRUST COMPANY

Thunder Bay-ON
List of THE CANADA TRUST COMPANY routing numbers in Thunder Bay ( ON )
050913572

 050916632    

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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.