A bank routing number is something we often use but never really understood. There are different terms used for it. In the United States of America, it is termed as ABA routing transit number while in Canada is it is just called routing number. To know about its use and other factors you must read the complete article. Here, we are going to provide you with complete information related to it.

Bank Routing Number

A routing number is a form of bank code. It is assigned by the central bank which is a bank supervisory body or bankers association. They assign this number to all the licensed banks. The rules may vary between different countries. It is a nine-digit code that helps in recognizing whether an account has been opened or not. If you are planning to transfer money globally then you are going to need bank routing number. Depending on the location of the account or the work for which it is going to be used one bank may have more than one routing numbers. Remember, no two banks can have the same routing number.

Routing Numbers- History

Routing numbers were created by the American Bankers Association in 1911. The prefixes in the code mean the location while the suffixes mean the banks at that location. They were needed for the unique identification of a bank. ABA routing number ensured the receivers of the check that they will successfully receive the money from the payer’s bank.

Where can you find the Bank Routing Number?

Routing number can be easily discovered from the check of your account. You must check the bottom left-hand side section of the check. You will be able to see a bunch of numbers. The first nine-digit code is the routing number followed by the account and check number respectively. If you use online banking service then you can check your account’s page to find this information.

Routing numbers are not something that needs to be kept the secret so the banks have also published them online. You must check your bank’s official website to know about them. With a simple search on Google, you can easily find them. They are extremely helpful as now the bankers won’t have to look for the bank’s name on the check. Some banks have similar names so it was a bit confusing for them until the routing numbers came into the picture. If you want to know how to find routing number without check then check online.

Bank Routing Numbers- Use

There are several situations when you might be enquired about your routing number. Earlier they were used for bundling, sorting, and shipment of checks but now they have much more usage. For example- If you are going to make payment online or through your mobile phone then along with your account number you will have to provide your routing number.

Similarly, if you plan to transfer funds globally then the bank will request the routing number. This will help the bank determine exactly where you are transferring the money. So you are going to need them for direct deposits, check processing, wire transfers, and automatic bill payments.

Your bank is the best place that will help you determine how and where you should use the routing number. There are chances that the routing numbers on the check differ from the ones that are required for wire transfers. Thus, check online the bank routing numbers list.

Your bank is the best place that will help you determine how and where you should use the routing number. There are chances that the routing numbers on the check differ from the ones that are required for wire transfers. Thus, check online the bank routing numbers list.

​Check Out Some Top Banks Routing Numbers: 

Santandar Bank Routing Number

First Niagara Bank Routing Number

People's United Bank Routing Number