A Citibank routing quantity for New York is a singular nine-digit code that identifies the financial institution and the precise department the place an account is held. As an illustration, the routing quantity for Citibank’s department at 399 Park Avenue in New York Metropolis is 021000089.
This routing quantity is essential for varied monetary transactions, together with digital fund transfers, direct deposits, and verify processing. It ensures that funds are despatched to the right financial institution and account. Traditionally, the introduction of routing numbers has streamlined the banking system, facilitating environment friendly and correct monetary transactions.