What are bank transit numbers? I live in Ontario, Canada if it makes a difference. I'd appreciate all answers tho.
2006-09-26 02:36:27 · 4 answers · asked by .nicole. 2 in Business & Finance ➔ Personal Finance
I work with Insurance Software and here is the glossary definition they use for Transit Number:
Your financial institution's unique identification code used to process financial transactions through the Federal Reserve system.
2006-09-26 02:42:07 · answer #1 · answered by Jim G 7 · 0⤊ 0⤋
Survey says.........this number identifies what financial institution you bank with! Larger banks like Wachovia, Regions, and Bank of America have more than one transit number!
2006-09-26 10:37:04 · answer #2 · answered by lamar36116 2 · 0⤊ 0⤋
The first 9 numbers on the bottom of your check. They indicate which bank you use. I don't know if Canadian Banks are different.
2006-09-26 09:45:00 · answer #3 · answered by sambadgerlover 2 · 0⤊ 0⤋
as above by jim
2006-09-29 09:03:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋