What is a Canadian bank institution number?

Canadian bank institution numbers are made up of 3 digits (also known as bank codes), and this code is the same for all branches of the bank, credit union, loan, or trust company. For example, the institution number for TD Canada Trust is 004.

What is an institution number?

An institution number is a unique 3-digit code that is used to identify and represent a particular bank or financial institution. It is used to route electronic transactions to and from financial institutions such as electronic funds transfers (ETF), pre-authorized debit (PAD), bill payments, bank to bank transfers and wire transfers.

Where is the institution number on a cheque?

You can find the institution number on your cheque at the bottom along with a string of other numbers. What is a bank institution number? A bank institution number is a three-digit number that refers to a specific bank. Every bank in Canada is identified by its own unique institution number.

How do I identify a Canadian financial institution?

You can identify Canadian financial institutions by their bank institution number, which is always three digits long. Bank customers need this number anytime they want to set up a direct deposit or preauthorized payment or receive a wire transfer into their account.