What Is An ACH Routing Number?
An ACH Routing Number identifies the primary branch that acts as a clearing house for checks, not necessarily the Branch the check was drawn on. Banks can have one or many routing numbers assigned to them, and sub branches operate under one or more of those numbers. The movement of a check from the depository institution at which it was deposited back to the institution on which it was written, as well as the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal Reserve operates a nationwide check-clearing system. To learn more, and to obtain your own ABA Routing Numbers List is a simple matter – Click Here.
