THE CANADA TRUST COMPANY
Ontario - Scarborough
Markham and Lawrence
Routing Number # 050911962

BankTHE CANADA TRUST COMPANY
Branch NameMarkham and Lawrence
Routing Number050911962
MICR (Transit Number)11962-509
Address680 Markham Road
CityScarborough
StateOntario
Postal CodeM1H 2A7
Location Map of THE CANADA TRUST COMPANY
Scarborough,ON
Location Map of Markham and Lawrence branch of THE CANADA TRUST COMPANY in Scarborough,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.