ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Your routing number is the first set of nine-digit bank numbers on a check located in the bottom left corner. Each bank has its own routing number so they can identify where the checking account was opened.

Detailed explanation-2: -A routing number is a nine-digit code used by financial institutions to identify other financial institutions. It’s also known as an RTN (routing transit number) and an ABA (American Bankers Association) routing number.

Detailed explanation-3: -At the bottom of a check, you will see three groups of numbers. The first group is your routing number, the second is your account number and the third is your check number.

Detailed explanation-4: -Your account number is located along the bottom of your check, to the right of the routing number and to the left of the check number.

Detailed explanation-5: -What are all those numbers on the bottom of your checks and why do you need them? At the bottom of every check you write and every check you cash or deposit, you’ll find a long string of numbers: nine digits, then a colon followed by eight more digits, one more colon and another four digits.