Glossary

Red Flag

A potentially suspicious or money laundering situation raises a Red Flag or warning signal.

Related Terms

  • Routing Number

    The routing number (also referred to as RTN, routing transit number, ABA or bank routing number) is a nine-digit numeric code printed on the bottom of checks. This number is used to facilitate the electronic...

    Learn more

  • Previously Used Routing Number

    A routing number that was once the primary routing number for an institution and since replaced, but still accepted for payments.

    Learn more

Ready to start reducing your returns and ensure compliance?