Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada ... loans and bill payments. You’ve likely encountered your routing number when you’ve started a new job and the company ...

Transit numbers are in a five-digit format in Canada. This is in ... so you correctly send or receive payments directly into your account. When breaking down routing, transit and institution ...

Routine banking transactions like online bill payments, check processing and wire transfers require a bank routing number. Here’s an explanation of what a routing number is and how it works.

You’ll need transit, institution, routing and bank account numbers to send or receive a wire transfer,commonly used for international money transfers. To send money within Canada, an e-transfer ...