Bank details of U.S. Bank

Find the verified U.S. Bank routing details needed for secure transfers. Below are the essential Institution Number (318), Transit numbers, and SWIFT codes required for Canadian domestic EFT (direct deposits) and international wire payments.

How to correctly fill out a transfer form

U.S. Bank operates in Canada as a foreign bank branch, primarily providing payment solutions and corporate banking services. To send a domestic CAD transfer (EFT), the institution number 318 is required. This is the standard code for their Canadian corporate operations.

Examples of filling out a transfer:

Domestic EFT / Business Payment:
Recipient: [Corporate Client Name]
Institution Number: 318 (public bank identifier)
Transit Number: 00001 (central operations)
Account Number: ****1234 (as provided on the invoice)

International Wire Transfer:
SWIFT Code: USBKCAT2 (public bank identifier)
Bank Name: U.S. Bank National Association, Canada Branch
Address: 120 Adelaide St W, Suite 400, Toronto, ON M5H 1T1

Tips for filling out the form

• Important: Do not use US-based ABA routing numbers for Canadian domestic payments. Ensure you use the 318 institution code for CAD transactions.
• U.S. Bank Canada does not offer retail banking to individuals; recipients must be business or institutional entities.
• For wires from the US, using the Canadian SWIFT code (USBKCAT2) ensures direct routing to the Toronto branch.

FAQ

Question: What is the U.S. Bank institution number in Canada?

Answer: The official institution number for U.S. Bank National Association in Canada is 318.

Question: Is U.S. Bank Canada insured by CDIC?

Answer: As a foreign bank branch focusing on wholesale banking, their deposits are typically not insured by the CDIC. Consult your account manager for details.