I’m not sure what you mean by clearing number but 074909962 is the routing transit number (RTN) assigned by the American Bankers Association (ABA) for Chase Bank NA out of Chicago (www.chase.com/), which is the consumer and commercial banking subsidiary of JPMorgan Chase. The ABA routing number is usually found at the bottom of a personal or business check.
You will see some websites insisting that the ABA Routing Number 074909962 refers to Bank One, Indiana NA. This isn’t quite true or completely wrong as JP Morgan Chase and Bank One fully merged in 2004 and became Chase Bank NA (www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history.).
An American Bankers Association (ABA) Routing Number is a unique nine-digit number assigned to each and every banking institution in the United States of America. It is used to identify the financial institution it is drawn upon. The Routing Number is also used by the Automated Clearing House to process direct deposits and other automated transfers. It was designed it in 1910 and was calculated to facilitate the sorting, bundling, and shipment of paper checks back to the drawer's (check writer's) account.
This system is unique to the United States of America as Canada uses an eight-digit code, while the UK uses a six digit sort code.
You will see some websites insisting that the ABA Routing Number 074909962 refers to Bank One, Indiana NA. This isn’t quite true or completely wrong as JP Morgan Chase and Bank One fully merged in 2004 and became Chase Bank NA (www.jpmorganchase.com/corporate/About-JPMC/jpmorgan-history.).
An American Bankers Association (ABA) Routing Number is a unique nine-digit number assigned to each and every banking institution in the United States of America. It is used to identify the financial institution it is drawn upon. The Routing Number is also used by the Automated Clearing House to process direct deposits and other automated transfers. It was designed it in 1910 and was calculated to facilitate the sorting, bundling, and shipment of paper checks back to the drawer's (check writer's) account.
This system is unique to the United States of America as Canada uses an eight-digit code, while the UK uses a six digit sort code.
