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9 Digit EFT Routing Transit Number Error

  • 1.  9 Digit EFT Routing Transit Number Error

    Posted Aug 14, 2018 03:29 PM
    I'm having an issue with EFT routing number. GP gives me and error when trying to enter a nine digit routing number (e.g. 0YYYXXXXX). The error says I must use 8 digits. How do you all get around this issue?

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    Will Riley
    Landmark
    San Francisco CA
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  • 2.  RE: 9 Digit EFT Routing Transit Number Error

    GPUG ALL STAR
    Posted Aug 14, 2018 04:01 PM
    Hi Will,

    The Transit Routing number in Canada is a combination of the Bank # and Branch #. Bank #'s are 3 digits, Branch #'s are 5 digits.

    Typically the format is BRANCH then BANK.

    Example: Bank of Montreal (bank 001), King & University Ave in Toronto (branch 24182) would be put into EFT as 24182001.

    Hope that helps. There shouldn't be a 9 digit routing number for a bank in Canada. Bank Account numbers vary in length quite a bit bank to bank (as short as 6 or 7 digits and as long as something like 12 or 13 I've seen).

    Jen​​​​​

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    Jen Kuntz, CPA, CGA, Microsoft MVP (Business Applications)
    Manager, Business Solutions
    Energy+ Inc.
    Cambridge, ON, Canada
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  • 3.  RE: 9 Digit EFT Routing Transit Number Error

    Posted Aug 14, 2018 05:32 PM
    That's the way I've been doing it and recently we're starting to get a number of EFT Bounce backs. I searched the web and have seen this a number of time.


    "The format of the code is pretty simple:

    AAAAA–BBB

    • The first 5 digits represent the Branch Number;
    • The last 3 digits are an Institution Number.

    For Electronic Fund Transactions (EFT) the format starts with a zero, then the institution number, then the branch number all with no dashes. For example, if a transit number is AAAAA-BBB, the corresponding EFT code would be 0BBBAAAAA."

    Does this not hold true in practice?

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    Will Riley
    Landmark
    San Francisco CA
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  • 4.  RE: 9 Digit EFT Routing Transit Number Error

    GPUG ALL STAR
    Posted Aug 16, 2018 07:58 AM
    In practice I've never used a leading 0, but then I live in Canada and I know that banks are 3 digit numbers and branches are 5 digit numbers so there is no combination that makes up 9 digits, so trying to make it a 9 digit number has never occurred to me. I get it, if you're from the US, because your routing numbers are 9, right?

    I've implemented EFT at many customers over the years before I started working for a customer myself and I've never used 9 digits there for Canadian banks.

    I hope that helps.
    Jen

    ------------------------------
    Jen Kuntz, CPA, CGA, Microsoft MVP (Business Applications)
    Manager, Business Solutions
    Energy+ Inc.
    Cambridge, ON, Canada
    ------------------------------



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