THE BANK OF NOVA SCOTIA
Nova Scotia - New Minas
New Minas
Routing Number # 000241053

BankTHE BANK OF NOVA SCOTIA
Branch NameNew Minas
Routing Number000241053
MICR (Transit Number)41053-002
Address9129 Commercial Street Unit #5
CityNew Minas
StateNova Scotia
Postal CodeB4N 3E6
Location Map of THE BANK OF NOVA SCOTIA
New Minas,NS
Location Map of New Minas branch of THE BANK OF NOVA SCOTIA in New Minas,NS
 

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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.