banks-canada.com - Banks in Canada - Routing Number, Swift Codes | Banks Canada

Description: All information about banks in Canada, Routing numbers, swift codes and branch details of banks.

swift codes (21) micr codes (11) routing numbers (10) canada banks (4) transit numbers (4)

Example domain paragraphs

Canadian Transit Number is a 9 character code used for routing of cheques (checks) and paper instruments in the banking industry. This code identifies the branch (and bank/credit union) on which the cheque is drawn. It is also known as check routing number and MICR Code.

The format of check transit number – XXXXX – YYY

The first 5 digit is called branch transit number and identifies the exact branch of the bank. YYY is the institution code which identifies the bank or credit union. There is a dash (or hyphen) separating the branch code and institution code. As a general rule, bank institution numbers start with 0, 2, 3, or 6, while Credit Union and Caisse Populaire institution numbers start with 8, and Trust Company institution numbers with 5. The big 4 banks have the following institution code –