Bank Transit Routing Number. In the US, banks and other financial institutions use routing numbers to identify themselves. A bank routing and transit number is actually a nine-digit code appearing at the bottom of paper checks.
In the US, banks and other financial institutions use routing numbers to identify themselves.
Canadian bank transit numbersor routing transit numberis a nine digits numerical codes used by Canadian Banks, Credit Unions and Trust Companies Canadian Routing Numbers is a nine digits numerical codes used to identify an individual branch of a financial institution in Canada.
This code identifies your financial institution and it can differ depending on where you opened your account and the type of transaction you make. That's why routing numbers are also called ABA numbers (as well as RT numbers, short for Routing Transit). Most common transaction types where routing numbers are used are ACH and wire transfers.