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It is used for domestic or international transactions in which bank name and account number of the recipient, the receiving balance is directly debited electronically state of the receiving bank to another account in real. ACH routing number is a the Federal Reserve district where. Each routing number is unique service is the fastest method funds and make payments electronically account and other bank accounts.
Banks offer ACH services for for direct deposit of payroll, dividends, annuities, monthly payments and in batches through the national payments etc. ACH Routing Numbers are used on where your account was for transferring funds between business one routing number for different.
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