Canadian Transit Numbers > Peace Hills Trust Company > Routing Number 056800109

Peace Hills Trust Company Routing Number : 056800109

Bank

Peace Hills Trust Company

Routing Number

056800109

Transit Number

00109-568 (MICR)

Institution Number

568

Institution Type Trust Company
Canadian Clearing Code (CC) //CC056800109 (Canadian Sort Code)
State AB
City Calgary
Address 345,10233 Elbow Drive SW, 345,10233 Elbow Drive SW. Calgary
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.


Peace Hills Trust Company has been alloted Institution Number / Bank Code as : 568
Peace Hills Trust Company 345,10233 Elbow Drive SW, 345,10233 Elbow Drive SW. Calgary,Calgary Branch has been alloted Branch Code as : 00109
So the Routing Number of Peace Hills Trust Company 345,10233 Elbow Drive SW, 345,10233 Elbow Drive SW. Calgary,Calgary is 056800109

Routing Number : 056800109
Leading zero: 0
Institution Number / Bank Code: 568
Branch Code: 00109

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 Peace Hills Trust Company 345,10233 Elbow Drive SW, 345,10233 Elbow Drive SW. Calgary,Calgary is 00109-568

Where to find Peace Hills Trust Company Transit Number on a cheque?



Peace Hills Trust Company has below Branches in the City Calgary-AB

Branch:345,10233 Elbow Drive SW, 345,10233 Elbow Drive SW. Calgary,
Routing Number: 056800109 : Transit Number: 00109-568
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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.