This number identifies the checking account that's associated with the check. The second number in the MICR line is the account number. And if your bank merges with another bank, your bank's routing number might change.Įvery check that's printed at the same bank in the same state will have the same routing number in the MICR line. That means a bank in one state will have a different routing number from the same bank in another state. The routing number is sometimes called an ABA number - for the American Bankers Association - or routing transfer number.īanks are issued routing numbers based on the states where they operate. This nine-digit number identifies the bank that's associated with the check. The first number in the MICR line is called the routing number. MICR lines are printed in two special fonts that can be read by machines as well as people, and are used worldwide to enable machines to read checks and reduce check fraud. Pronounced to rhyme with "snicker," MICR is an abbreviation for magnetic ink character recognition. In bank parlance, this sequence of numbers and symbols is called a MICR line. Rather, they contain important information that the banking system uses to process checks and transfer funds between accounts according to the instructions written on each check. The bottom line of every bank check is preprinted with a sequence of numbers and symbols below the memo space and signature line.
0 kommentar(er)
