There's an easy way to ensure you don't confuse it with your individual cheque number, which also appears at the bottom of your cheque. Flipping through your cheque book will help you identify the sequence cheque numbers, as they appear chronologically. The cheque number will be different on each cheque, whereas your routing and institution number will remain the same. This is the easiest way to identify your routing number. If you're out of cheque books, you can print a void cheque using your Scotiabank online banking account.
You can view the cheque and find the routing number on the bottom of the cheque as described above. If you don't have a chequing account, you can find your routing number online. Just follow these steps:. This will allow you to view the institution, branch, and account numbers for your account. If you don't have any cheques and you don't have access to online banking, you can find your routing number using the address of your branch listed on this site.
If you can't use any of the avenues listed above, contact your local Scotiabank branch, and they'll be happy to assist. Your institution, transit, routing and account numbers all help to identify your account at a specific branch at a bank. There are financial services that require the use of these numbers, including electronic fund transactions. You can learn more on the topic by browsing some of our finance articles.
You will need your routing number, as well as your account number, when you're setting up any pre-authorized payment agreement.
This is usually done for insurance, recurring payments such as utilities, maintenance, and rental fees, and other automatic transactions. A pre-authorized payment agreement is an authorized link between your account and that of the institution or company you've agreed to do the transaction with. It allows your bank to automatically withdraw a specified amount from your account at an agreed time, usually monthly.
It eliminates the need to remember due dates or worry about missed payments. You will also need these numbers for incoming payments, such as your salary. Your employer will usually require that you complete a form that asks for your routing number and account number. This information allows your employer to deposit your salary directly into your account. It eliminates your need to go to the bank and stand in line to deposit your cheque every month or bi-weekly, depending on the frequency of your salary payments.
The same holds true if you're an entrepreneur with your own business. Your clients may want to transfer any payments owed to you via an electronic transfer. To ensure you receive your payments on time, you will have to give them the correct bank information. Your institution, transit, routing, and account numbers are usually required when you're completing banking transactions.
Not all cheques look the same. The routing symbols between the different sets of numbers may be different from what you see above. Or your branch number and institution number might be one long string of digits with no routing symbols between them.
But that routing number is definitely there! If you have a chequebook, flip through it to spot the one and only number that changes from one cheque to another. No problem! You can find the routing number for your account by looking it up on this website based on your branch address.
When you get approved for a life insurance policy, your insurer will use your routing number and account number to set up a pre-authorized payment agreement for your monthly premium payments. This allows your insurer to automatically withdraw your premium payment from your bank account each month. Your Scotiabank routing number will also come in handy if you want to set up pre-authorized payments for other types of recurring payments, like your water heater rental or your condo maintenance fees.
You might also need to give it to your employer so that you can receive payroll payments electronically via direct deposit. The institution number is a three-digit number that identifies the financial institution you are dealing with, regardless of the branch you have chosen. The account or folio number is the identifier for your bank account. Without the transit number and institution number, it cannot be used to transfer money.
As a result, it is the most sensitive information you will find on your sample cheque, as it is the number that is associated with your bank account. This number varies in length depending on the financial institution, but Scotiabank account numbers are either 7 or 12 digits long.
If you have a chequebook, you can still do this. In fact, a sample cheque is a document that contains all the information displayed on a cheque, so you can still do it that way. Here are the steps to download a Scotiabank sample cheque in PDF format with just a few clicks:.
Now you know everything you need to know about finding your Scotiabank sample cheque, and how to interpret the different elements on it! Julien started Hardbacon to help Canadians make better investment decisions.
Before starting Hardbacon, Julien shared his passion for personal finance and the stock market while working as a business journalist for Les Affaires. Julien manages his stock portfolio with National Bank Direct Brokerage. He uses a pre-paid Koho Visa for his online purchases and Borrowell to keep an eye on his credit score. Julien also has a Tangerine high-interest savings account. The current prime rate in Canada is 2. Sometimes called the prime lending rate, the…. We always hear a lot about RRSPs at the beginning of each new year.
But what exactly is an RRSP? It stands…. Offers Blog Sign in Sign up.
0コメント