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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). Compliance and regulatory importance: ABA numbers are integral to regulatory compliance within the banking industry.

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). Compliance and regulatory importance: ABA numbers are integral to regulatory compliance within the banking industry.