Routing Number (USA)

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Routing Number (USA)

This number is used in the USA and some other countries to identify a financial institution. In the USA, the routing number is used for processing checks and electronic money transfers between banks. There are ABA Routing Numbers used domestically, and Cross-border/BIC codes for international transfers.

The routing number facilitates the seamless and accurate processing of domestic transactions, ensuring funds reach their intended destination without errors. Moreover, its role in automating and securing financial transactions underscores its importance in the banking infrastructure, contributing to the efficiency and reliability of the financial system.