Canadian Transit Numbers > Manulife Bank Of Canada > Routing Number 054005022

Manulife Bank Of Canada Routing Number : 054005022

Bank/Institution

Manulife Bank Of Canada

Routing Number

054005022

Transit Number

05022-540 (MICR)

Institution Number

540

Canadian Clearing Code (CC) //CC054005022 (Canadian Sort Code)
Institution Type Bank
State ON
City North York
Address 3200 Dufferin 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.


Manulife Bank Of Canada has been alloted Institution Number / Bank Code as : 540
Manulife Bank Of Canada 3200 Dufferin Street,North York Branch has been alloted Branch Code as : 05022
So the Routing Number of Manulife Bank Of Canada 3200 Dufferin Street,North York is 054005022

Routing Number : 054005022
Leading zero: 0
Institution Number / Bank Code: 540
Branch Code: 05022

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 Manulife Bank Of Canada 3200 Dufferin Street,North York is 05022-540

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



Manulife Bank Of Canada has below Branches in the City North York-ON

Branch:3200 Dufferin Street,
Routing Number: 054005022 : Transit Number: 05022-540
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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.