A routing number, also known as an ABA routing number or a bank routing number, is a nine-digit code that identifies a specific financial institution in the United States. For instance, Frost Bank’s routing number is 114922674, uniquely identifying its financial transactions.
Routing numbers play a crucial role in electronic fund transfers, ensuring that funds are securely and efficiently routed between banks. They facilitate direct deposits, wire transfers, automated clearing house (ACH) payments, and other financial transactions.
