Simplii Financial’s institution number is 010 — the same as CIBC, since Simplii is a CIBC division. The standard transit number for direct deposit and electronic payments is 04841. In the 9-digit EFT format, Simplii’s routing number is 004841010 (or 0-04841-010).
The most important point: although Simplii and CIBC share institution number 010, their transit numbers are not interchangeable. Using a CIBC branch transit for a Simplii account will misdirect payments. Always use the void cheque from the Simplii app to confirm your exact routing details.
Simplii Financial Routing at a Glance
| Field | Value |
|---|---|
| Institution number | 010 (shared with CIBC) |
| Standard transit number | 04841 |
| 9-digit EFT format | 004841010 |
| SWIFT / BIC | CIBCCATT (CIBC’s code — shared) |
| Parent institution | CIBC (010) |
Critical Distinction: Simplii vs CIBC Transits
Simplii and CIBC share institution number 010, but their transit numbers are separate:
| Account Type | Institution | Transit | Can Cross-Use? |
|---|---|---|---|
| CIBC branch account | 010 | Branch-specific (e.g., 00012, 00042…) | No |
| Simplii Financial account | 010 | 04841 (standard) | No |
A direct deposit using institution 010 and a CIBC branch transit will go to that CIBC branch — not to your Simplii account. Always provide the transit number from your Simplii void cheque, not any CIBC transit.
The 9-Digit EFT Format
Canadian payroll and government systems sometimes require a 9-digit routing number. For Simplii:
| Component | Value |
|---|---|
| Leading zero | 0 |
| Transit number | 04841 |
| Institution number | 010 |
| 9-digit result | 004841010 |
With hyphens: 0-04841-010. Both formats represent the same routing.
How to Get Your Simplii Void Cheque
- Log in to the Simplii app or simplii.com
- Select your No Fee Chequing Account
- Tap or click Account Details
- Select Void Cheque or Pre-Authorized Payment Form
- Download or share the image
The void cheque contains:
- Transit number (typically 04841 for Simplii)
- Institution number (010)
- Your personal account number (unique to your account)
For direct deposit to your specific account, all three numbers are required. The transit and institution numbers route to Simplii; the account number routes to you specifically.
Setting Up Direct Deposit
CRA (tax refunds, GST/HST credit, CCB, OAS, CPP):
- Log in to My CRA Account at canada.ca
- Go to Profile → Direct deposit
- Enter: Transit 04841, Institution 010, your Simplii account number
- Or upload your void cheque image if the system supports document upload
Employer payroll:
- Provide the void cheque image from your Simplii app to HR/payroll
- If entering manually: Transit 04841, Institution 010, account number
- 9-digit format: 004841010 (if required by US or international payroll systems)
Service Canada (EI, OAS, CPP):
- Log in to My Service Canada Account
- Same routing: Transit 04841, Institution 010, your account number
Incoming International Wire Transfers
To receive an international wire transfer in CAD to a Simplii account:
| Field | Value |
|---|---|
| Bank name | Canadian Imperial Bank of Commerce (CIBC) |
| SWIFT / BIC | CIBCCATT |
| Bank address | Commerce Court West, 199 Bay Street, Toronto, ON M5L 1A2 |
| Account holder name | Your legal name |
| Account number | Your Simplii account number |
| Additional notes | “For credit to Simplii Financial account [your account number]” |
Simplii uses CIBC’s SWIFT code (CIBCCATT) since it is a CIBC division. Incoming USD wires will be converted to CAD at CIBC’s exchange rate. Simplii does not offer a USD account.
Simplii vs Tangerine vs CIBC: Routing Comparison
| Institution | Institution # | Transit | Interchangeable? |
|---|---|---|---|
| CIBC (branch accounts) | 010 | Branch-specific | No |
| Simplii Financial | 010 | 04841 | No — separate from CIBC |
| Tangerine | 614 | 80001 | No — separate institution |