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 routing of funds (ACH transfer) from one bank account to another.
Related Terms
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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A number that is no longer active (or no longer accepted by an institution) for check transactions, ACH transactions and/or wire transfers.
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Red Flag Rules
The Red Flags Rules are part of the Fair and Accurate Credit Transactions (FACT) Act of 2003. Under these Rules, financial institutions and creditors with covered accounts must have identity theft prevention programs in place...
