Canadian Transit Numbers > Credit Union Central Of Saskatchewan > Routing Number 088962968

Credit Union Central Of Saskatchewan Routing Number : 088962968

Bank

Credit Union Central Of Saskatchewan

Routing Number

088962968

Transit Number

62968-889 (MICR)

Institution Number

889

Institution Type Credit Union
Canadian Clearing Code (CC) //CC088962968 (Canadian Sort Code)
State SK
City Unity
Address 120 2nd Ave East, P.O. Box 370
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.


Credit Union Central Of Saskatchewan has been alloted Institution Number / Bank Code as : 889
Credit Union Central Of Saskatchewan 120 2nd Ave East, P.O. Box 370,Unity Branch has been alloted Branch Code as : 62968
So the Routing Number of Credit Union Central Of Saskatchewan 120 2nd Ave East, P.O. Box 370,Unity is 088962968

Routing Number : 088962968
Leading zero: 0
Institution Number / Bank Code: 889
Branch Code: 62968

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 Credit Union Central Of Saskatchewan 120 2nd Ave East, P.O. Box 370,Unity is 62968-889

Where to find Credit Union Central Of Saskatchewan Transit Number on a cheque?



Credit Union Central Of Saskatchewan has below Branches in the City Unity-SK

Branch:Tramping Lake Branch, 120 2nd Ave East, P.O. Box 370,
Routing Number: 088912948 : Transit Number: 12948-889
Branch:120 2nd Ave East, P.O. Box 370,
Routing Number: 088962968 : Transit Number: 62968-889
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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.