ROYAL TRUST COMPANY (THE)
Ontario - Toronto
Trust/EFT Administration
Routing Number # 057009332

BankROYAL TRUST COMPANY (THE)
Branch NameTrust/EFT Administration
Routing Number057009332
MICR (Transit Number)09332-570
Address77 King St W (RT10) 10th Floor, PO Box 7500 Station A
CityToronto
StateOntario
Postal CodeM5W 1P9
Location Map of ROYAL TRUST COMPANY (THE)
Toronto,ON
Location Map of Trust/EFT Administration branch of ROYAL TRUST COMPANY (THE) in Toronto,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.