THE BANK OF NOVA SCOTIA
British Columbia - Nanaimo
City Centre
Routing Number # 000240220

BankTHE BANK OF NOVA SCOTIA
Branch NameCity Centre
Routing Number000240220
MICR (Transit Number)40220-002
Address65 Commercial Street
CityNanaimo
StateBritish Columbia
Postal CodeV9R 5G3
Location Map of THE BANK OF NOVA SCOTIA
Nanaimo,BC
Location Map of City Centre branch of THE BANK OF NOVA SCOTIA in Nanaimo,BC
 

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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.