Bank details of PresidentS Choice Bank

Find the verified PresidentS Choice Bank routing details needed for secure transfers. Below are the essential Institution Number (308), Transit numbers, and SWIFT codes required for Canadian domestic EFT (direct deposits) and international wire payments.

How to correctly fill out a transfer form

President's Choice Bank, known for PC Financial, uses the institution code 308. While they previously partnered with CIBC for retail banking, the current PC Money Accounts and credit products use the 308 identifier for electronic funds transfers and direct deposits.

Examples of filling out a transfer:

Domestic EFT / Direct Deposit:
Recipient: Jane Doe
Institution Number: 308 (public bank identifier)
Transit Number: 00001 (public bank identifier)
Account Number: ****9900 (example)
Purpose: Payroll Deposit

Tips for filling out the form

• PC Financial is entirely digital. Use transit number 00001 for all your PC Money Account documentation.
• If you are paying a PC Financial Mastercard, it is often easier to add them as a "Bill Payee" in your own bank's app using your 16-digit card number.
• Direct deposits to PC Money Accounts typically clear early in the morning on paydays.

FAQ

Question: Is PC Financial part of CIBC?

Answer: No, they are separate entities. PC Financial uses institution code 308, while CIBC uses 010. Ensure you use 308 for your PC Money Account.

Question: Is my money safe with PC Bank?

Answer: Yes, President's Choice Bank is a member of the CDIC, protecting eligible deposits up to $100,000.