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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Bank Secrecy Act (BSA)
Requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.
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International Bank Account Number (IBAN)
The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders in a way that would minimise the risk of propagating transcription errors.
