Royal Bank of Canada
Ontario - Forest
RT-Forest Br
Routing Number # 000307284

BankRoyal Bank of Canada (RBC)
Branch NameRT-Forest Br
Routing Number000307284
MICR (Transit Number)07284-003
Address35 King St W, PO Box 400
CityForest
StateOntario
Postal CodeN0N 1J0
Location Map of Royal Bank of Canada
Forest,ON
Location Map of RT-Forest Br branch of Royal Bank of Canada in Forest,ON
 

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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.