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:
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!