THE BANK OF NOVA SCOTIA
Ontario - Barrie
Scotia Trust - Barrie
Routing Number # 000216576

BankTHE BANK OF NOVA SCOTIA
Branch NameScotia Trust - Barrie
Routing Number000216576
MICR (Transit Number)16576-002
Address44 Collier Street 2nd Floor
CityBarrie
StateOntario
Postal CodeL4M 1G6
Location Map of THE BANK OF NOVA SCOTIA
Barrie,ON
Location Map of Scotia Trust - Barrie branch of THE BANK OF NOVA SCOTIA in Barrie,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.