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Articles and How-to Guides about banking in America related to savings accounts, checking accounts, fixed deposits, CDs, etc. What can be used by immigrants and how all of these work.

What is a Bank Routing Number? Why is It Used? How Does It Work?

Published : January 8, 2024 | by Sravani

Ever wonder how banks can process several million transactions daily – and with virtually zero errors? The bank routing number, which is also called the ABA routing number, plays a massive role in every transaction. These numbers are one of the many cogs that make the banking world tick. The American Bankers Association introduced ABA …

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