Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The American Bankers Association routing number is a nine-digit numerical code used to identify a bank. Banks use ABA routing numbers to process checks and electronic transfers of funds between banks.

Every check has a routing number, and you might occasionally be asked to provide this routing number when linking an online account to a checking or savings account at your local bank or credit union.

Origins: One of the ways paperhangers were supposedly able to pass bad checks easily once upon a time was by manipulating the American Bankers Association (ABA) numbers encoded on nearly all checks ...

In today’s world of electronic banking, it’s common to need a bank’s routing number, such as for a direct deposit form or to set up a money transfer from one bank to another. A routing number, also ...

Routine banking transactions like online bill payments, check processing and wire transfers require a bank routing number. Here’s an explanation of what a routing number is and how it works. What is a ...

Your account number is located at the bottom of a check — it’s the second set of numbers, between the nine-digit routing number and the check number. The routing number comes first — it’s the ...

The short answer is yes. U.S.-based savings accounts all have routing numbers. A routing number corresponds to a banking institution, not to a specific type of account. Routing numbers are used for ...