What’s the Meaning of an ABA Number and How to Find It
What is an ABA number? ABA numbers are numbers or American Bankers’ Association numbers, and they are essential for financial institutions when it comes to different transactions.
ABA figures are needed for all types of electronic bank-to-bank transfers. The range of activities covered by an ABA routing number includes paper check processing; electronic check processing through the Automated Clearing House (ACH) system; as well as wire transfer using the Fedwire system.
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