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What is a Routing Transit number and why is it needed to process my Direct Deposit?

April 26, 2017deposit needed process routing transit

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What is a Routing Transit number and why is it needed to process my Direct Deposit?

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The Routing/Transit number is assigned by the American Banking Association to identify your bank. You could think of it as an electronic address for your bank. Our direct deposit enrollment form shows you how to determine the Routing/Transit number and the account number from your personal checks. We would recommend that you determine the Routing/Transit number from a check rather than a deposit slip. Often, banks use internal routing numbers on the deposit slips. A wrong Routing/Transit number would only delay the start of your direct deposit.