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What is Banking Routing Number?

March 20, 2025 by Achugamonu Uzoma

banking routing number

A banking routing number is a nine-digit code used in the United States to identify a specific financial institution in a transaction. As of 2023, there were approximately 27,000 active routing numbers registered with the American Bankers Association (ABA), according to LexisNexis Risk Solutions, the official registrar. It ensures accurate processing of payments like direct […]

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