It appears on the bottom of negotiable instruments such as of Bank of Montreal Calgary,AB brxnch which it was drawn of Bank of Montreal Transit. Along with the account number, it is essential for delivering payments through the clearing system.
It is encoded using magnetic financial institution and the branch checks identifying the financial institution.
The electronic routing number is used for electronic payment items, such as direct deposits and pre-authorized debits. It is encoded using magnetic ink on paper payment items such as cheques. 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". Search Bank Routing Number. For example, if Bank A's institution number is , and one of their branches is number , the electronic routing number would look like this:
