Routing number
1.A routing number is a nine-digit code used by financial institutions to identify other financial institutions. When combined with your account number, it allows institutions to locate your individual account.
2.The routing number (sometimes referred to as an ABA routing number, short for the American Bankers Association) is a sequence of nine digits used by banks to identify specific financial institutions within the U.S. This number proves that the bank is a federal- or state-chartered institution and maintains an account with the Federal Reserve.
3.Routing numbers are nine-digit numbers that identify the bank or credit union in a financial transaction. The numbers were adopted by the banking industry in 1910 to make transactions quicker and more efficient. Some banks have one specific routing number only, while bigger banks can have several routing numbers assigned to them. Using the numbers reduces the chances of miscommunication in money transfer requests. So even if two banks have similar names, they’re distinct from one another because of their different routing numbers.
What is a routing number? (б. д.). Взято з https://www.usbank.com/bank-accounts/checking-accounts/checking-customer-resources/aba-routing-number.html
Routing Number vs. Account Number: What's the Difference? (2023, 20 грудня).Взято з https://www.investopedia.com/articles/personal-finance/063015/routing-number-vs-account-number-how-they-differ.asp
What Is a Routing Number? Definition and Where to Find Yours. (б. д.). Взято з https://www.nerdwallet.com/article/banking/what-is-a-routing-number