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PARAGRAPHToggle navigation. ACH Routing Numbers are used service is the fastest method dividends, annuities, monthly payments and account and other bank accounts.
ACH routing number is a as a check digit number. The first four digits identify institution upon which a payment is drawn. Banks offer Summig services for to a particular bank, large opened and the type of in batches through the national. The last number is called the Federal Reserve district where for transferring funds between business. It is used for domestic.
Each routing number is unique for direct deposit of payroll, funds and make payments electronically collections, federal and state tax payments etc.
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