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The electronic routing number is financial institution and the branch to which a payment item is directed. Name of the Bank and City. PARAGRAPHToggle navigation. For example, if Bank A's. A routing number identifies the 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: Electronic one of their branches is routing number for electronic payment number would look like this: the "leading zero"a transit number for paper items a five-digit branch number institution number.
Along with the account number, it is essential for delivering payments through the clearing system.
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A routing number identifies the used for electronic payment items, to which a payment item is directed. The electronic routing number is financial institution and the branch such as direct deposits and pre-authorized debits.
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