What is Canada Routing / Transit Number?

A routing number identifies your bank or financial institution particular branch & this code is used for local bank account fund transfer. In Canada bank routing code lenth is eight digits & it'll printed on your personal cheque leaf.

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Routing Number Details of ROYAL BANK OF CANADA, INSURANCE CENTRE - ONTARIO Branch
INSTITUTION TYPE BANK
INSTITUTION NAME ROYAL BANK OF CANADA
INSTITUTION CODE 003

(Last three digits of MICR / Transit Number is the Institution Code.)

BRANCH NAME INSURANCE CENTRE - ONTARIO
BRANCH CODE / TRANSIT 02524

(First five digits of MICR / Transit Number is the Branch Code / Transit.)

ROUTING NUMBER 000302524

(Routing number electronic payment format.)

(Use for electronic fund transfer accross own country.)

MICR CODE / TRANSIT NUMBER 02524-003

(Routing number MICR-encoded paper payment format.)

CANADIAN CLEARING CODE (CC) //CC000302524

(Also known as Canadian sort code.)

CHIPS UID 055253

(Clearing house interbank payments system universal identifier.)

ADDRESS 6880 FINANCIAL DR-4TH FLR/TWR 1, 6880 FINANCIAL DR-WEST TWR-4TH FLR
CITY NAMEMISSISSAUGA
STATE NAME ONTARIO
STATE CODE ON
POSTAL CODE L5A 2Y9
SWIFT CODE ROYCCAT2XXX

(Use for international fund transfer.)

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About About ROYAL BANK OF CANADA, INSURANCE CENTRE - ONTARIO Branch

General Information -

The Royal Bank Of Canada , Insurance Centre - Ontario Branch is Located in Mississauga City, Ontario . Address is: 6880 Financial Dr-4th Flr/twr 1, 6880 Financial Dr-west Twr-4th Flr , Mississauga , Ontario , Postal Code - L5a 2y9.
Institution Code is : 003, Branch Code is : 02524, Canadian Clearing Code (CC) / Sort Code is : //CC000302524, Chips UID is : 055253.
The Routing Code of Royal Bank Of Canada , Insurance Centre - Ontario Branch is : 000302524
The MICR Code / Transit Number of Royal Bank Of Canada , Insurance Centre - Ontario Branch is : 02524-003
The SWIFT/BIC Code of Royal Bank Of Canada , Insurance Centre - Ontario Branch is : ROYCCAT2XXX

Bank Operational Time -

Breakdown of Royal Bank Of Canada, Insurance Centre - Ontario Branch Routing Number

0

0

0

3

0

2

5

2

4

Leading Zero

Financial Institution Code

Branch Transit Number

The first one digit (0) leading zero & it's used for formatting the Canadian routing number in an electronic transaction.

Next three digits (003) is financial institution code. It's identifying the financial institution & here it's representing Royal Bank Of Canada.

Last five digits is (02524) - It's an unique identifier no for the particular financial institution branch & here it's representing Royal Bank Of Canada, Insurance Centre - Ontario Branch.


Breakdown of Royal Bank Of Canada, Insurance Centre - Ontario Branch MICR Code / Transit Number

0

2

5

2

4

-

0

0

3

Branch Transit Number

Financial Institution Number

The first five digits (02524) is the branch transit number, here it's representing Royal Bank Of Canada Bank, Insurance Centre - Ontario Branch.

Next three digits (003) is bank / financial institution code & here it's representing Royal Bank Of Canada.

FAQ

The Royal Bank Of Canada Insurance Centre - Ontario branch is located in 6880 Financial Dr-4th Flr/twr 1, 6880 Financial Dr-west Twr-4th Flr , Mississauga City, Postal Code - L5a 2y9, Ontario , Canada.

The Routing Number of Royal Bank Of Canada, Insurance Centre - Ontario Branch is: 000302524

The MICR Code / Transit Number of Royal Bank Of Canada , Insurance Centre - Ontario Branch is 02524-003

The Institution Code or Bank Code of Royal Bank Of Canada is : 003.

The Branch Number / Transit Number of Insurance Centre - Ontario Branch is : 02524.

The Canadian Clearing Code (CC) of Insurance Centre - Ontario Branch is : //CC000302524.

The Chips UID of Insurance Centre - Ontario Branch is : 055253.

The SWIFT / BIC Code of Royal Bank Of Canada, Insurance Centre - Ontario Branch is : ROYCCAT2XXX

Other related branches from ROYAL BANK OF CANADA, ONTARIO , MISSISSAUGA

General Information About Canada Bank Routing Number & Transit Number


What is Canada Bank Routing Number?

A routing number identifies your bank or financial institution perticular branch & this code is used for local bank account fund transfer. This code will be printed on your personal cheque leaf.

The Canadian routing number is 8 or 9 digit numerical code. In this format, if the 8 digit code has a dash between the 5th and 6th digit, then it is meant for MICR-encoded financial documentation whereas if the 9-digit code has no dash, then it is meant for electronic fund transfers. For instance, XXXXX-YYY is for MICR-encoded documents and 0YYYXXXXX is used for electronic transfers.

The first three digits of the routing number is the identifier of the financial institution or bank branch & last five digits of the number is the transit number.

In MICR Code the first five digits is branch number & it's help to identify the perticular financial institution branch & last three digits is the financial instituion dentifier number.

As a general rule, Bank institution numbers start with 0, 2, 3, or 6, Credit Union and Caisse Populaire institution numbers start with 8, and Trust Company institution numbers with 5.

Structure of the Canada Bank Routing Number

This is a special unique code or identifies number is generated with the combination of the first three digits bank code, next two digits means fourth & fifth digit is district code, then next three digits means sixth, seventh & eighth digit is branch code and at last one means nineth digit is cheque digit. This special unique bank routing number is also printed on the bottom-left of your bank cheque leafs.


Example : Breakdown of Canada Bank Routing Number

0

X

X

X

Y

Y

Y

Y

Y

Leading Zero

Financial Institution Code

Branch Transit Number


Structure of the Canada Bank MICR / Transit Number

This is a special unique code or identifies number is generated with the combination of the first three digits bank code, next two digits means fourth & fifth digit is district code, then next three digits means sixth, seventh & eighth digit is branch code and at last one means nineth digit is cheque digit. This special unique bank routing number is also printed on the bottom-left of your bank cheque leafs.


Example : Breakdown of Canada Bank MICR / Transit Number

X

X

X

X

X

-

Y

Y

Y

Branch Transit Number

Financial Institution Number


What is MICR code used for?

A Canadian bank routing number is used for various financial purposes. Direct deposits, making payments like bills or depositing salary or pension, cheque payment, and to perform wire transfers, one may require to give their bank routing number.


In a Canadian bank transit number, the last digit of the branch number, with few exceptions, indicates the geographical location of the branch.

Branch numbers ending with :

Number Location
0 British Columbia and Yukon.
1 Western Québec including Montreal and surrounding areas.
2 Ontario including Toronto and surrounding area.
3 Nova Scotia, Prince Edward Island and Newfoundland excluding Labrador.
4 New Brunswick.
5 Eastern Québec including Labrador.
6 Eastern Ontario including Ottawa and surrounding area.
7 Manitoba and North-Western Ontario.
8 Saskatchewan.
9 Alberta, the Northwest Territories and Nunavut.