Bank Routing Number – Read More

 We have come across routing numbers when we have one thing or the other in the bank; we have given them to our employees or family members when requesting a direct deposit money transfer. These routing numbers are digIts at the bottom of your check that identifies a particular bank, but an account number indicates a personal bank account. 

Routing Number are the nine numbers that show your bank or credit union in a transaction. Every bank has a specific number allocated to it which helps to reduce the chance of miscommunication. When you see two banks have similar names routing numbers help to differentiate one from another.

When Do You Need Your Routing Number

People who handle financial transactions need their routing numbers in the following situations:

• You will need your routing number in a diversity of situations, including direct deposit.
• Automatic loan expenditures or recurring transfers, for example, bill payments.
• You also need your Routing Number when you document taxes to collect your tax refund.
• For debit, tax payments, or when you perform Automated Clearing House or transfers between accounts at various banks.
• You need the routing number to transfer money directly to or from your bank account, there are no debit cards or credit cards.

How to Gain Access to Your Routing Number

Customers without checks can also find their routing numbers with these options:

• Their bank statement.
• Their bank’s mobile application or website.
• They can ask their bank’s customer service.
• They can also find it at American Bankers Association’s routing number lookup. 

However, routing numbers tend to change; financial organizations can shut down branches, or change the basis of a routing number, and all of these can affect the number linked to an account. 

Which routing number do I use?

The routing number is the nine-digit number printed in the bottom left corner of each check. Your specific account number (usually 10 to 12 digits) is the second set of numbers printed on the bottom of your checks. The number furthest to the right is the check number.

Bank of America Routing Numbers 

Each bank has at least one routing number, although larger banks can have more. Please make sure that your state routing number below is the same as on your checks or online account.

Note: These Bank of America routing numbers are for checking accounts for E-payments; different states might have numbers specially for checks. 

Chase Routing Numbers

Please make sure that your state routing number below is the same as on your checks or online account.

Note: These Chase routing numbers are for business accounts only; 

Wells Fargo routing numbers

Please make sure that your state routing number below is the same as on your checks or online account.

Note: These Wells Fargo routing numbers are for checking accounts only, and are not used for wire transfers.

Conclusion

Routing numbers are digits at the bottom of your check that identifies a particular bank, but an account number indicates a personal bank account. It comprises nine digits at the bottom left corner of a check that is directly accompanied by an account number. These numbers were introduced in 1910 by the banking industry to render transactions faster and more efficient. 

What’s the difference between my routing number and account number? 

A routing number specifies a particular bank, but your account number shows your private bank account.

Can I access my bank routing number without a bank check? 

Customers inquire about their bank’s routing number by reaching out to its customer service. You can also see it on your bank statement or through the bank’s website or mobile application.