Royal Bank of Canada
Ontario - North York
Toronto North Business Services 2

Routing Number # 000304286

BankRoyal Bank of Canada (RBC)
Branch NameToronto North Business Services 2
Routing Number000304286
MICR (Transit Number)04286-003
Address1090 Don Mills Rd - Suite 200, 1090 Don Mills Road-Suite 200
CityNorth York
StateOntario
Postal CodeM3C 3R6
Location Map of Royal Bank of Canada
North York,ON
Location Map of Toronto North Business Services 2 branch of Royal Bank of Canada in North York,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.