Canadian Transit Numbers > Royal Bank of Canada > Routing Number 000304880

Royal Bank of Canada Routing Number : 000304880

Bank/Institution

Royal Bank Of Canada

Routing Number

000304880

Transit Number

04880-003 (MICR)

Institution Number

003

Canadian Clearing Code (CC) //CC000304880 (Canadian Sort Code)
Institution Type Bank
State BC
City Richmond
Address 125 10111 No 3 Rd
How Routing Number & Transit Number is formed?
A Routing Number/Transit Number is used while doing financial transactions. Routing Number identifies the beneficiary financial institution and the branch to which a payment is being initiated. Routing/Transit Number is essential for making payments through the clearing system.
There are two types of Routing Numbers used in Canada.

1. EFT Routing Number:
EFT stands for Electronic Fund Transactions. EFT Routing Number is a three digit financial Institution Number (Bank Code) and a five digit branch code, preceded by a leading zero.

In Canada Routing Number is formed by prefixing 0+3 Characters Bank Code+5 Characters Branch Code.
An institution number is the three-digit code assigned to each bank to uniquely identify it. All the Financial Institutions has been allotted 3 Characters Numeric Code, which is also called as Institution Number / Bank Codes.
Each Financial Institutions Branch has been allotted 5 Characters Numeric Code, which is called Branch Code.


Royal Bank Of Canada has been alloted Institution Number / Bank Code as : 003
Royal Bank Of Canada 125 10111 No 3 Rd,Richmond Branch has been alloted Branch Code as : 04880
So the Routing Number of Royal Bank Of Canada 125 10111 No 3 Rd,Richmond is 000304880

Routing Number : 000304880
Leading zero: 0
Institution Number / Bank Code: 003
Branch Code: 04880

2. Transit Number (MICR)
Magnetic Ink Character Recognition(MICR), is a character recognition technology used by the banking industry to facilitate the processing of cheques. Transit Number can be found at the bottom of the cheque.
So the Transit Number of Royal Bank Of Canada 125 10111 No 3 Rd,Richmond is 04880-003

Where to find Royal Bank Of Canada Transit Number on a cheque?



Royal Bank of Canada has below Branches in the City Richmond-BC

Branch:13140 DELF PLACE,
Routing Number: 000300030 : Transit Number: 00030-003
Branch:4000 No 3 Rd-Unit 110, 4000 No 3 Rd,
Routing Number: 000301457 : Transit Number: 01457-003
Branch:4791 McClelland Rd-Unit 1605, 4791 McClelland Rd,
Routing Number: 000301796 : Transit Number: 01796-003
Branch:1950-8171 Ackroyd Rd,
Routing Number: 000303880 : Transit Number: 03880-003
Branch:6400 No 3 Rd,
Routing Number: 000304447 : Transit Number: 04447-003
Branch:618 5300 No 3 Rd, 6400 No 3 Rd,
Routing Number: 000304770 : Transit Number: 04770-003
Branch:6400 No 3 Rd,
Routing Number: 000304800 : Transit Number: 04800-003
Branch:125 10111 No 3 Rd,
Routing Number: 000304880 : Transit Number: 04880-003
Branch:1 11600 Cambie Rd,
Routing Number: 000304960 : Transit Number: 04960-003
Branch:3740 Moncton St,
Routing Number: 000305200 : Transit Number: 05200-003
Branch:6400 No 3 Road,
Routing Number: 000305700 : Transit Number: 05700-003
Branch:3679 Westminster Hwy-Unit 100, 3679 Westminster Hwy,
Routing Number: 000308088 : Transit Number: 08088-003
Branch:11666 Steveston Hwy-Suite 3200, #3200 - 11666 Steveston Hwy,
Routing Number: 000308180 : Transit Number: 08180-003
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What is Transit number and a Routing number in Canada?
In Canada, banks and other financial institutions identify their branches with a unique transit number (also known as branch numbers). A transit number is made up of five-digits and together with the institution number they form a routing number.
The transit number - five digits - shows which branch you opened your account at. The institution number - three digits - identifies your bank. The account number - seven to twelve digits - identifies your individual account. Bank routing numbers are used to process cheque and electronic transactions such as funds transfers, direct deposits, digital cheques, recurring loan and bill payments.

There are two different formats for routing numbers:
Electronic Transactions Routing Numbers (ETF): 0XXXYYYYY
Paper Transactions Transit Numbers (MICR): YYYYY-XXX
where XXX is the institution number and YYYYY is the transit number.