Transit Number # 54492-509

Financial InstituteTHE CANADA TRUST COMPANY
Branch NameOakville Personal Trust
Routing Number050954492
Transit Number (MICR)54492-509
Address282 Lakeshore Road East
CityOakville
StateON
Postal CodeL6J 1J2
Location Map of THE CANADA TRUST COMPANY
Oakville,ON
Location Map of Oakville Personal Trust branch of THE CANADA TRUST COMPANY in Oakville,ON
 

THE CANADA TRUST COMPANY

Oakville-ON

List of THE CANADA TRUST COMPANY Transit Numbers in Oakville ( ON )
10632-509

12172-509 12422-509 13482-509
13982-509

15642-509 17142-509 54492-509
54802-509

     

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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.