Royal Bank of Canada
Prince Edward Island - Charlottetown
PEI Business Loans
Routing Number # 000309014

BankRoyal Bank of Canada (RBC)
Branch NamePEI Business Loans
Routing Number000309014
MICR (Transit Number)09014-003
Address1 Place Ville Marie, 630 Rene Levesque Blvd W
CityCharlottetown
StatePrince Edward Island
Postal CodeC1A 4A8
Location Map of Royal Bank of Canada
Charlottetown,PE
Location Map of PEI Business Loans branch of Royal Bank of Canada in Charlottetown,PE
 

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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.