THE BANK OF NOVA SCOTIA
Ontario - Markdale
Markdale
Routing Number # 000225486

BankTHE BANK OF NOVA SCOTIA
Branch NameMarkdale
Routing Number000225486
MICR (Transit Number)25486-002
Address25 Toronto St. N., P.O. Box 616
CityMarkdale
StateOntario
Postal CodeN0C 1H0
Location Map of THE BANK OF NOVA SCOTIA
Markdale,ON
Location Map of Markdale branch of THE BANK OF NOVA SCOTIA in Markdale,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.