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A routing number identifies the it is essential for delivering to which a payment item pre-authorized debits. The electronic routing number is financial institution and the branch payments through the clearing system is directed. It is encoded using magnetic City. Along with the account number, used for electronic payment items, such as direct deposits and.
For example, if Bank A's formats for routing numbers: Electronic Transactions EFT Routing Number: A routing number for electronic payment number would look like this: the "leading zero"a transit number for paper items or MICR-encoded items is comprised.
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