Canadian Transit Numbers > Canadian Imperial Bank Of Commerce > Routing Number 001000704

Canadian Imperial Bank Of Commerce Routing Number : 001000704

Bank/Institution

Canadian Imperial Bank Of Commerce

Routing Number

001000704

Transit Number

00704-010 (MICR)

Institution Number

010

Canadian Clearing Code (CC) //CC001000704 (Canadian Sort Code)
Institution Type Bank
State NB
City Moncton
Address 118 Shediac Rd., Box 1047
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.


Canadian Imperial Bank Of Commerce has been alloted Institution Number / Bank Code as : 010
Canadian Imperial Bank Of Commerce 118 Shediac Rd., Box 1047,Moncton Branch has been alloted Branch Code as : 00704
So the Routing Number of Canadian Imperial Bank Of Commerce 118 Shediac Rd., Box 1047,Moncton is 001000704

Routing Number : 001000704
Leading zero: 0
Institution Number / Bank Code: 010
Branch Code: 00704

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 Canadian Imperial Bank Of Commerce 118 Shediac Rd., Box 1047,Moncton is 00704-010

Where to find Canadian Imperial Bank Of Commerce Transit Number on a cheque?



Canadian Imperial Bank Of Commerce has below Branches in the City Moncton-NB

Branch:135 Main St,
Routing Number: 001000024 : Transit Number: 00024-010
Branch:1141 Main St.,
Routing Number: 001000044 : Transit Number: 00044-010
Branch:P.O. Box 948,
Routing Number: 001000054 : Transit Number: 00054-010
Branch:2093 Main St., Box 661,
Routing Number: 001000394 : Transit Number: 00394-010
Branch:655 Mountain Road,
Routing Number: 001000404 : Transit Number: 00404-010
Branch:106 Mapelton Rd., Box 2157, Station A,
Routing Number: 001000604 : Transit Number: 00604-010
Branch:118 Shediac Rd., Box 1047,
Routing Number: 001000704 : Transit Number: 00704-010
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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.