Glossary

Retired Routing Number

A number that is no longer active (or no longer accepted by an institution) for check transactions, ACH transactions and/or wire transfers.

Related Terms

  • Electronic Funds Transfer (EFT)

    Electronic funds transfer or EFT refers to the computer-based systems used to perform financial transactions electronically. An EFT is the electronic exchange or transfer of money from one account to another, either within the same...

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  • 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.

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