Checkbook is Revolutionizing Payment Processing and Transforming a Billion-Dollar Industry
Posted by Checkbook on Jun 23, 2022
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What Is an ACH Routing Number?
In the intricate landscape of financial transactions, understanding the distinct roles of ABA and ACH routing numbers is essential. ABA routing numbers, commonly referred to as check routing numbers, facilitate paper or check-based transfers. Conversely, ACH routing numbers are integral to electronic fund transfers. Despite their apparent similarity, these numbers fulfill unique functions within the banking system.