How To: Read A Cheque (Canadian)
Here’s a quick run-through on how to read a cheque. This is important for when you need to do a direct deposit.
As shown in the above photo, the first set of numbers is the Cheque #. The same number is at the top right of the cheque too.
The next 5 numbers is the transit number. These numbers represent the location of your bank branch, where you first opened the account.
The next 3 numbers is your bank institution number. This indicates the bank where the account is at (CIBC, BMO, TD, RBC, Scotia Bank, HSBC, etc.)
The remaining numbers is the account number. This is assigned by the bank, will vary person to person, and represents your bank account.