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What Is an ABA Number?

EBizCharge

This fundamental component of the banking industry enables the correct routing of funds for transactions such as direct deposits, wire transfers, and electronic funds transfers (EFTs). Banks and credit unions use ABA numbers to ensure transactions reach the correct institution and account.

article thumbnail

What Are ABA Numbers?

EBizCharge

This fundamental component of the banking industry enables the correct routing of funds for transactions such as direct deposits, wire transfers, and electronic funds transfers (EFTs). Banks and credit unions use ABA numbers to ensure transactions reach the correct institution and account.