THE BANK OF NOVA SCOTIA
Ontario - Mississauga
Dundas Street & Wharton Way
Routing Number # 000254122

BankTHE BANK OF NOVA SCOTIA
Branch NameDundas Street & Wharton Way
Routing Number000254122
MICR (Transit Number)54122-002
Address1825 Dundas Street East
CityMississauga
StateOntario
Postal CodeL4X 2X1
Location Map of THE BANK OF NOVA SCOTIA
Mississauga,ON
Location Map of Dundas Street & Wharton Way branch of THE BANK OF NOVA SCOTIA 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.