A “chase routing number az” is a routing transit number (RTN) that identifies a specific bank and branch within the United States. It is a nine-digit code used to facilitate electronic fund transfers, such as direct deposits, wire transfers, and ACH payments. For example, the Chase Bank branch located at 123 Main Street, Anytown, AZ 12345 would have a unique routing number assigned to it.
Routing numbers are essential for ensuring that funds are transferred accurately and efficiently between financial institutions. They help banks identify the correct destination for payments and prevent errors. Historically, routing numbers were printed on checks, but with the advent of electronic banking, they are now primarily used in digital transactions.