Canadian Transit Numbers > Hsbc Bank Canada > Routing Number 001601010

Hsbc Bank Canada Routing Number : 001601010

Bank/Institution

Hsbc Bank Canada

Routing Number

001601010

Transit Number

01010-016 (MICR)

Institution Number

016

Canadian Clearing Code (CC) //CC001601010 (Canadian Sort Code)
Institution Type Bank
State BC
City Victoria
Address 2640 Douglas Street
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.


Hsbc Bank Canada has been alloted Institution Number / Bank Code as : 016
Hsbc Bank Canada 2640 Douglas Street,Victoria Branch has been alloted Branch Code as : 01010
So the Routing Number of Hsbc Bank Canada 2640 Douglas Street,Victoria is 001601010

Routing Number : 001601010
Leading zero: 0
Institution Number / Bank Code: 016
Branch Code: 01010

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 Hsbc Bank Canada 2640 Douglas Street,Victoria is 01010-016

Where to find Hsbc Bank Canada Transit Number on a cheque?



Hsbc Bank Canada has below Branches in the City Victoria-BC

Branch:1327 Douglas Street,
Routing Number: 001600620 : Transit Number: 00620-016
Branch:752 Fort St.,
Routing Number: 001601000 : Transit Number: 01000-016
Branch:2640 Douglas Street,
Routing Number: 001601010 : Transit Number: 01010-016
Branch:2044 Oak Bay Avenue,
Routing Number: 001601020 : Transit Number: 01020-016
Branch:731 Fort Street,
Routing Number: 001601030 : Transit Number: 01030-016
Branch:1327 Douglas Street, P.O. Box 1201,
Routing Number: 001601100 : Transit Number: 01100-016
Branch:102 - 1831 Oak Bay Avenue, 2154 Oak Bay Ave,
Routing Number: 001610580 : Transit Number: 10580-016
Branch:869 Douglas St.,
Routing Number: 001610600 : Transit Number: 10600-016
Branch:111-3500 UPTOWN BLVD, 100-771 Vernon Ave,
Routing Number: 001610610 : Transit Number: 10610-016
Branch:2968 Jacklin Road,
Routing Number: 001610640 : Transit Number: 10640-016
Branch:869 Douglas St.,
Routing Number: 001610830 : Transit Number: 10830-016
Search Bank / Trust / Credit Union
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.