Is transit number the same as branch number?

The transit number is specific to the bank, not to you. So if you and a friend of yours both opened checking accounts at the same bank branch, then the routing number on both of your checks should be the same. Is transit and branch number the same? What is my BMO transit number?

What is a transit 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.

What is the routing transit number on a check?

The numbers following the routing transit number on a check are the account number and check number for the bank from which the funds are to be drawn. All checks written on state or federally chartered banks will have routing transit numbers on the bottom.

What is the transit number for a credit union?

The final digit of the transit number indicates the geographical location of the branch.” At Provincial Credit Union, the number is 39073. Institution Number (also known as Bank Code, Financial Institution Number) – Each bank and credit union has one.