What Is A Bank Routing Number Used For?


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A bank routing number implies a routing transit number (that is, RTN), also known as ABA number. This nine digit code is primarily used in the United States so as to identify various financial institutions. Your Bank Routing Number features on the bottom of most negotiable instruments like your bank cheques.

The Routing Transit Number is typically used by banks in order to help route the actual payment of checks. In general when enrolling, say for direct deposit (payroll, for instance) or possibly when setting-up direct payments your cheque's routing transit number is required. You can even call your financial institution so as to simply request for the number. This code is moreover used by the electronic network known as Automated Clearing House so as to process direct deposits in addition to other automated transfers.

Visit To look up banks as well as routing numbers.

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