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What is Canada Routing / Transit Number?

A routing number identifies your bank or financial institution particular branch & this code is used for local bank account fund transfer. In Canada bank routing code lenth is eight digits & it'll printed on your personal cheque leaf.

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Routing Number Details of SHINHAN BANK CANADA, MAIN BRANCH Branch

The Routing Number of Shinhan Bank Canada , Main Branch Branch is 035508048

Institution Type BANK
Institution Name SHINHAN BANK CANADA
Institution Code 355

(The Institution Code is the last three digits of the MICR / Transit Number.)
Branch Name MAIN BRANCH
Branch Code / Transit 08048

(The Branch Code / Transit is the first five digits of the MICR / Transit Number.)
Routing Number 035508048

(Routing number electronic payment format.)

(Use for electronic fund transfers across the country.)

MICR Code / TRANSIT Number 08048-355

(Routing number MICR-encoded paper payment format.)

Canadian Clearing Code (CC) //CC035508048

(Also known as Canadian sort code.)
Chips UID N/A Updated soon
Address 5095 YONGE ST UNIT B2
City Name TORONTO
State Name ONTARIO
State Code ON
Postal Code M2N 6Z4
SWIFT Code SHBKCATTXXX

(Use for international fund transfers.)
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About About SHINHAN BANK CANADA, MAIN BRANCH Branch

General Information :

The Shinhan Bank Canada , Main Branch Branch is Located in Toronto City, Ontario . Address is: 5095 Yonge St Unit B2 , Toronto , Ontario , Postal Code - M2n 6z4.
Institution Code is : 355, Branch Code is : 08048, Canadian Clearing Code (CC) / Sort Code is : //CC035508048, Chips UID is : N/A Updated soon.
The Routing Code of Shinhan Bank Canada , Main Branch Branch is : 035508048
The MICR Code / Transit Number of Shinhan Bank Canada , Main Branch Branch is : 08048-355
The SWIFT/BIC Code of Shinhan Bank Canada , Main Branch Branch is : SHBKCATTXXX

Bank Operational Hours:

Bank Working Hours: Monday - Friday (Expect Saturday, Sunday, public holidays) , 10 A.M - 4 P.M (Generic Timings*) (Fridays most are open until 6 pm & Retail outlets are open 7 days a week.) (* Please keep in mind that bank hours differ from branch to branch.)
Lunch is usually served between 1 and 2 p.m. (May vary from branch to branch). However, bank employees ate their lunch in batches to avoid disrupting business, and you can visit the bank at any time during lunch.

Breakdown of Shinhan Bank Canada, Main Branch Branch Routing Number

0

3

5

5

0

8

0

4

8

Leading Zero

Financial Institution Code

Branch Transit Number

The first one digit (0) leading zero & it's used for formatting the Canadian routing number in an electronic transaction.

Next three digits (355) is financial institution code. It's identifying the financial institution & here it's representing Shinhan Bank Canada.

Last five digits is (08048) - It's an unique identifier no for the particular financial institution branch & here it's representing Shinhan Bank Canada, Main Branch Branch.


Breakdown of Shinhan Bank Canada, Main Branch Branch MICR Code / Transit Number

0

8

0

4

8

-

3

5

5

Branch Transit Number

Financial Institution Number

The first five digits (08048) is the branch transit number, here it's representing Shinhan Bank Canada Bank, Main Branch Branch.

Next three digits (355) is bank / financial institution code & here it's representing Shinhan Bank Canada.

FAQ

The Shinhan Bank Canada Main Branch branch is located in 5095 Yonge St Unit B2 , Toronto City, Postal Code - M2n 6z4, Ontario , Canada.

The Routing Number of Shinhan Bank Canada, Main Branch Branch is: 035508048

The MICR Code / Transit Number of Shinhan Bank Canada , Main Branch Branch is 08048-355

The Institution Code or Bank Code of Shinhan Bank Canada is : 355.

The Branch Number / Transit Number of Main Branch Branch is : 08048.

The Canadian Clearing Code (CC) of Main Branch Branch is : //CC035508048.

The Chips UID of Main Branch Branch is : N/a Updated Soon.

The SWIFT / BIC Code of Shinhan Bank Canada, Main Branch Branch is : SHBKCATTXXX

Canada Bank Routing Number & Transit Number


What is Canada Bank Routing Number?

In Canada, bank codes are referred to as routing numbers. Routing numbers are eight numerical digits with a dash between the fifth and sixth digit for paper financial documents encoded with magnetic ink character recognition and nine numerical digits without dashes for electronic funds transfers.

Payments Canada, formerly known as the Canadian Payments Association, regulates routing numbers to allow easy identification of the branch location and financial institution associated with an account.

Formation of the Canada Bank Routing Number

A routing number is made up of a five-digit transit number (also known as a branch number) that identifies the branch where an account is held and a three-digit financial institution number that corresponds to the financial institution.

For example, For MICR-encoded documents, use AAAAA-BBB. The number is given in one of the following formats, where AAAAA represents the transit number and BBB represents the financial institution number: For electronic funds transfers, use 0BBBAAAAA. When formatting a routing number for electronic payments, a leading zero is used.


Example : Breakdown of the Canada Bank Routing Number

0

X

X

X

Y

Y

Y

Y

Y

Leading Zero

Financial Institution Code

Branch Transit Number


Example : Breakdown of the Canada Bank MICR / Transit Number

X

X

X

X

X

-

Y

Y

Y

Branch Transit Number

Financial Institution Number


Applications of A Canadian Bank routing Number

A Canadian bank routing number is used for a variety of financial transactions.

  • Direct deposits.
  • Making bill payments.
  • Depositing salary or pension.
  • Cheque payment, and
  • Wire transfers.

With very few exceptions, the last digit of a Canadian bank transit number designates the location of the branch.

Branch numbers ending with :

Number Location
0 British Columbia and Yukon.
1 Western Québec including Montreal and surrounding areas.
2 Ontario including Toronto and surrounding area.
3 Nova Scotia, Prince Edward Island and Newfoundland excluding Labrador.
4 New Brunswick.
5 Eastern Québec including Labrador.
6 Eastern Ontario including Ottawa and surrounding area.
7 Manitoba and North-Western Ontario.
8 Saskatchewan.
9 Alberta, the Northwest Territories and Nunavut.

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