In Canada, there are two. A paper MICR routing number of negotiable instruments such as checks identifying the financial institution on which it was drawn. South 23 Norfolk St. Unit 30 31 Lakewood Blvd. Morrisburg Plaza 49 Main St. Enter complete or partial bank.
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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. The electronic routing number is used for electronic payment items, such as direct deposits and pre-authorized debits. Along with the account number, it is essential for delivering payments through the clearing system. For example, if Bank A's institution number is , and one of their branches is number , the electronic routing number would look like this:
