What is an ABA routing number?
The ABA routing number is an identification number assigned to each financial institution and each branch office. The larger your institution, the more ABA numbers appear in the drop-down list on the data entry screen. It is usually a 9-digit number bound at the bottom of your check usually on the left-hand side.
The ABA (American Bankers Association) Number or Routing number is also called a “Routing Transit” number. It is an identification number assigned to each financial institution and each branch office of that financial institution. It was developed by the American Bankers Association in 1910 to help route payments among banks. Perhaps the most important thing to keep in mind about the ABA/Routing number is that without it transmitting funds is not possible.
The ABA (American Banking Association) routing number is only valid for US Bank Accounts and it represents the number of the bank. It is always an 8 or 9 digit code and can be found as the first set of numbers on the bottom of your check; always starting AND ending with a colon (:). (Please see the Control Center >> My Profile >> Banking Information – for an example.) All banks within the US have an ABA number and this, along with your beneficiary and account information is fundamental to your receipt of payments by ACH.
The ABA or American Bankers’ Association Number or Routing number is also called a “Routing Transit” number. It is an identification number assigned to each financial institution and each branch office of that financial institution. It was developed by the American Bankers’ Association in 1910 to help route payments across banks. Perhaps the most important thing to keep in mind is that without the ABA/Routing number, transmitting funds is not possible.
