Banks Routing Numbers

Bank Routing Number is a unique nine-digit number used in bank and other financial institutions. They are mostly used in sending or receiving domestic and international wire transfer. In the entire process it is important that you follow each step of the procedure carefully and use the correct routing number. The electronic transfer can be a fund transfer, direct deposit, digital checks and bill payments. Routing numbers are used all across the United States by banks and financial institutions to identify themselves.

What is bank Routing Number?

A bank routing number is a nine digit number and they are also known as routing transit numbers, ABA routing numbers or RTNs. It helps in settling down the transaction.

What is the use of bank routing number?

A bank routing number helps in transferring money from one account to another and settles the transaction. It also helps in identifying the location where your account was opened. It also helps in tracing where the money is coming from and where it is going, which does not confuses one bank with another. It also identifies your bank accounts and payments made through it.