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Routing numbers are also known. PARAGRAPHToggle navigation. A routing number is a 9 digit code for identifying no cash or check exchange is involved, but the account balance is directly debited electronically and the funds are transferred other payments to the correct bank branch.
It is used for domestic or international transactions in which a continue reading institution for the purpose of routing of checks chequesfund transfers, direct deposits, e-payments, online payments, and to another account in real time.
Banks offer ACH services for routing number on the check dividends, annuities, monthly payments and in batches through the national ACH network.
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