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In the United States, an ABA routing transit number (ABA RTN) is a nine-digit code printed on the bottom of checks to identify the financial institution on which it was drawn. The American Bankers Association (ABA) developed the system in 1910 [1] to facilitate the sorting, bundling, and delivering of paper checks to the drawer's (check writer ...
A routing number is a nine-digit code assigned by the American Bankers Association (ABA) to identify the bank that issues a check. The ABA routing number identifies the institution, so that’s ...
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Routing number may refer to: a form of bank code, in particular: Routing number (Canada) ABA routing transit number, a bank code used in the United States
Routing numbers are required for many types of financial transactions, including check processing and wire transfers. Like the account number, the routing number can be found at the bottom of a check.
For example, a check drawn on Bank of America, presented for deposit at Wells Fargo Bank, would be considered a transit item by Wells Fargo, while the same item presented for cash or deposit at Bank of America would be an on-us check. Routing numbers, as well as the bank name printed on the check, help to determine an item's classification.
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