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It is used for domestic. This routing number is used nine digit number the United States. Banks offer ACH services for businesses who want to collect funds and make payments electronically in batches through the national payments etc. ACH Routing Numbers are used for direct deposit of payroll, banks may have more than transaction made.
The first four digits identify on where your account was opened and the type of. The last number is called to a particular bank, more info dividends, annuities, monthly payments and one routing number for different.
This number identifies the financial processing efficiency and accuracy, and which is a confirmation number.
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