How do I read a Canadian transit number?

How do I read a Canadian transit number?

Canadian banks use an 8-digit Routing number made up of the 3-digit Institution ID and 5-digit Transit ID. These appear on the bottom of the check but in the order of TransID followed by the Institution ID.

How many digits is a Canadian bank transit number?

five digit
A routing number consists of a five digit transit number (also called branch number) identifying the branch where an account is held and a three digit financial institution number corresponding to the financial institution.

How do you read a bank transit number?

How to Read a Cheque

  1. Transit / Branch numbers are always 5 digits.
  2. Bank / Financial Institution numbers are always 3 digits.
  3. Account numbers are always a minimum of 7 digits.
  4. To avoid entry errors, verify by reading it backwards to make sure that no numbers are out of order.

What is Transit code?

A bank transit number is a nine-digit code that identifies a specific financial institution. Most of us will notice it from the bottom left corner of our checks. The transit number is printed on checks so other banks can determine which bank the check was first drawn from.

What do the numbers on a Canadian cheque mean?

You will find these numbers on the cheques issued for your account. The branch transit number, financial institution number, and bank account number are located at the bottom edge of your cheque. Branch transit numbers are always 5 digits long and financial institution numbers are always 3 digits long.

What is a 5 digit bank transit number?

A transit number is a series of five numbers that identifies your specific bank branch. The five-digit code is the first series of numbers listed along the bottom of a cheque. The transit number typically sits near the three-digit financial institution number and your 12-digit account number.