ROYAL TRUST CORPORATION OF CANADA
Ontario - Ottawa
Eastern Ontario Regional Lending
Routing Number # 058035416

BankROYAL TRUST CORPORATION OF CANADA
Branch NameEastern Ontario Regional Lending
Routing Number058035416
MICR (Transit Number)35416-580
Address55 Metcalfe Street
CityOttawa
StateOntario
Postal CodeK1P 6L5
Location Map of ROYAL TRUST CORPORATION OF CANADA
Ottawa,ON
Location Map of Eastern Ontario Regional Lending branch of ROYAL TRUST CORPORATION OF CANADA in Ottawa,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.