A test routing quantity is a nine-digit code that identifies the monetary establishment the place an account is held. It’s printed on the underside left nook of checks and is used to make sure that funds are deposited into the proper account.
The routing quantity is a vital piece of data for anybody who writes checks or makes digital funds. Additionally it is utilized by banks to course of checks and different monetary transactions. Up to now, routing numbers had been assigned to banks based mostly on their bodily location. Nonetheless, this technique has since been modified, and routing numbers at the moment are assigned based mostly on a wide range of components.
