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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). An ABA number, or routing number , is a nine-digit code used to identify financial institutions in the U.S.

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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). An ABA number, or routing number, is a nine-digit code used to identify financial institutions in the U.S.

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Wire Transfer vs Electronic Transfer

EBizCharge

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. What is an electronic funds transfer (EFT)?