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A number that is no longer active (or no longer accepted by an institution) for check transactions, ACH transactions and/or wire transfers.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

  • Financial Crimes Enforcement Network (FINCEN)

    The Financial Crimes Enforcement Network (or FinCEN) is a bureau of the United States Department of the Treasury that collects and analyzes information about financial transactions in order to combat money laundering, terrorist financiers, and...

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  • Correspondent Banking

    A relationship entered into between a small bank and a big bank in which the big bank provides a number of deposit, lending, and other services.

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