The routing number on a check is sometimes referred to as the ABA number or check routing number.
The next two numbers represent the Federal Reserve Bank district branch — or Federal Reserve check-processing center — assigned to your bank.
Banks are eligible to receive additional routing numbers if necessary to keep payments and collections routed properly.
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Wire transfers usually happen faster than other bank transactions.
The American Bankers Association created the bank routing number in as a way to process paper checks and enable banks and credit unions to accurately send and receive funds to and from other financial institutions.
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