Canadian Transit Numbers > Bank Of Nova Scotia > Routing Number 000240048

Bank Of Nova Scotia Routing Number : 000240048

Bank/Institution

Bank Of Nova Scotia

Routing Number

000240048

Transit Number

40048-002 (MICR)

Institution Number

002

Canadian Clearing Code (CC) //CC000240048 (Canadian Sort Code)
Institution Type Bank
State SK
City Saskatoon
Address 306-20th Street West
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.

Bank Of Nova Scotia has been alloted Institution Number / Bank Code as : 002
Bank Of Nova Scotia 306-20th Street West,Saskatoon Branch has been alloted Branch Code as : 40048
So the Routing Number of Bank Of Nova Scotia 306-20th Street West,Saskatoon is 000240048

Routing Number : 000240048
Leading zero: 0
Institution Number / Bank Code: 002
Branch Code: 40048

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 Bank Of Nova Scotia 306-20th Street West,Saskatoon is 40048-002

Where to find Bank Of Nova Scotia Transit Number on a cheque?



Bank Of Nova Scotia has below Branches in the City Saskatoon-SK

Branch:111 2nd Avenue South,
Routing Number: 000200018 : Transit Number: 00018-002
Branch:111 2nd Ave South,
Routing Number: 000200448 : Transit Number: 00448-002
Branch:3026 Meadows Parkway, Unit #10,
Routing Number: 000200588 : Transit Number: 00588-002
Branch:502-111, 2nd Ave. S.,
Routing Number: 000200638 : Transit Number: 00638-002
Branch:111 2nd Av. S, Scotia Centre, P.O. 1448,
Routing Number: 000208508 : Transit Number: 08508-002
Branch:218-33rd Street West at Avenue C,
Routing Number: 000210348 : Transit Number: 10348-002
Branch:2605 Broadway Avenue, Unit 23,
Routing Number: 000220388 : Transit Number: 20388-002
Branch:100-1507 8th Street East,
Routing Number: 000220628 : Transit Number: 20628-002
Branch:Midtown Plaza,
Routing Number: 000230338 : Transit Number: 30338-002
Branch:132 Primrose Drive,
Routing Number: 000230718 : Transit Number: 30718-002
Branch:306-20th Street West,
Routing Number: 000240048 : Transit Number: 40048-002
Branch:410 22nd Street East, Suite 700,
Routing Number: 000247308 : Transit Number: 47308-002
Branch:16-2410-22nd Street West,
Routing Number: 000250328 : Transit Number: 50328-002
Branch:119 4th Ave South,
Routing Number: 000250708 : Transit Number: 50708-002
Branch:137 Kensington Blvd,
Routing Number: 000255848 : Transit Number: 55848-002
Branch:700-2nd St SW 40th Fl, Saskatoon CBC 111-2nd Ave S.,
Routing Number: 000260558 : Transit Number: 60558-002
Branch:111 2nd Ave S. PO Box 1448,
Routing Number: 000265128 : Transit Number: 65128-002
Branch:#100-3015 Clarence Ave South,
Routing Number: 000266878 : Transit Number: 66878-002
Branch:523 Nelson Road,
Routing Number: 000276448 : Transit Number: 76448-002
Branch:#12-405 Circle Drive East,
Routing Number: 000280648 : Transit Number: 80648-002
Branch:1004-8th Street & Clarence Avenue,
Routing Number: 000290068 : Transit Number: 90068-002
Branch:111 2nd Ave S. 5th Fl. Scotia Centre,
Routing Number: 000290548 : Transit Number: 90548-002
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.