ROYAL TRUST CORPORATION OF CANADA
Ontario - London
Victoria Place
Routing Number # 058002832

BankROYAL TRUST CORPORATION OF CANADA
Branch NameVictoria Place
Routing Number058002832
MICR (Transit Number)03404-003
Address785 Wonderland Rd S
CityLondon
StateOntario
Postal CodeN6K 1M6
Location Map of ROYAL TRUST CORPORATION OF CANADA
London,ON
Location Map of Victoria Place branch of ROYAL TRUST CORPORATION OF CANADA in London,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.