SBI CANADA BANK
Ontario - Mississauga
Mississauga Branch
Routing Number # 029400012

BankSBI CANADA BANK
Branch NameMississauga Branch
Routing Number029400012
MICR (Transit Number)00012-294
Address1450 Meyerside Drive, Suite 100 Dixie Place
CityMississauga
StateOntario
Postal CodeL5T 2N5
Location Map of SBI CANADA BANK
Mississauga,ON
Location Map of Mississauga Branch branch of SBI CANADA BANK in Mississauga,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.