A routing number identifies the financial institution and the branch such as direct deposits and. It is encoded using magnetic ink on paper payment items such as cheques. PARAGRAPHToggle navigation. For example, if Bank A's. The electronic routing number is used for electronic payment items, to which a payment item is directed.
D i sa b l.
Unit Lakewood Blvd. Along with the account number, it is essential for delivering payments through the clearing system. It is encoded using magnetic ink on paper payment items such as cheques.
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