ROYAL TRUST CORPORATION OF CANADA
Ontario - London
London Main
Routing Number # 058005532

BankROYAL TRUST CORPORATION OF CANADA
Branch NameLondon Main
Routing Number058005532
MICR (Transit Number)03454-003
Address383 Richmond St
CityLondon
StateOntario
Postal CodeN6A 3C4
Location Map of ROYAL TRUST CORPORATION OF CANADA
London,ON
Location Map of London Main 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.