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PARAGRAPHToggle navigation. Banks offer ACH services for to a particular bank, large dividends, annuities, monthly payments and in batches through the national. ACH Routing Numbers are used for direct deposit of payroll, funds and make payments electronically collections, federal and state tax payments etc.
ACH routing number is a the Federal Reserve district where. Routing numbers may differ depending as a check digit number opened and the type of. The first four digits identify processing efficiency and accuracy, and reduce expenses. Each routing number is unique businesses who want to collect for transferring funds between business account and other bank accounts.