Apple Banking Voodoo

Oct 17, 2009   //   by Matt Coombe   //   Uncategorized  //  4 Comments

I thought I might share a small hiccup I ran into while submitting our banking information to Apple through iTunesConnect.

Most of the process went very smoothly until I was asked for my bank’s “Transit Number”. Our company is located in Toronto and so in Canada this is a 5 digit number that is unique for each branch of a given bank. I duly typed this in but it was immediately rejected when the form was sent to Apple. I got an “enter valid transit number” warning.

After several phone calls to my branch and bank helpline I was no closer to resolving the problem. They told me what I already knew, that the transit number is a 5 digit code. I sent an email to iTSBanking@apple.com but did not expect a reply any time soon (although I did get some help from them over email a day later). After banging my head against the wall and some Google searching I found the real deal on what Apple is expecting Canadian iPhone developers to input for the Transit Number.

Apple is actually looking for the electronic Routing Transit Number which consists of three values with no spaces or dashes:

0XXXYYYYY

A leading zero followed by the 3 digits of your bank institution number followed by the 5 digit branch transit number (also known as the branch ID).

You can find your bank institution number here.

Hopefully this will save some of you the frustration I ran into!

4 Comments

  • I had this same problem but Apple told me that it was because my Credit Union wasn't a National bank, and they've never had luck sending international wire transfers to Credit Unions. They wrote: “We recommend that you establish an account with a multi-national for this activity, such as Bank of America, JPMorgan Chase Bank, Wachovia Bank, Wells Fargo Bank, Citibank, or any other larger institution of your choice that utilize there own swift code.” <shrug> To a different bank I go, I guess.

  • I had this same problem but Apple told me that it was because my Credit Union wasn't a National bank, and they've never had luck sending international wire transfers to Credit Unions. They wrote: “We recommend that you establish an account with a multi-national for this activity, such as Bank of America, JPMorgan Chase Bank, Wachovia Bank, Wells Fargo Bank, Citibank, or any other larger institution of your choice that utilize there own swift code.” <shrug> To a different bank I go, I guess.

  • I had this same problem but Apple told me that it was because my Credit Union wasn't a National bank, and they've never had luck sending international wire transfers to Credit Unions. They wrote: “We recommend that you establish an account with a multi-national for this activity, such as Bank of America, JPMorgan Chase Bank, Wachovia Bank, Wells Fargo Bank, Citibank, or any other larger institution of your choice that utilize there own swift code.” <shrug> To a different bank I go, I guess.

  • That’s frustrating to have to open a new account but you shouldn’t need to use a US bank for this. We chose to open a business account with the Royal Bank of Canada (RBC) after some research because they have the lowest rates for the sort of transactions we are expecting to deal with. The monthly fee is only $6.00 and other fees seem very minor. We had no problems using this account with Apple and in fact when I was in touch with Apple’s iTSBanking they had all the routing information for RBC.

Leave a comment

Our Games

Latest Tweets