A routing quantity for Wells Fargo checking, also called an ABA (American Bankers Affiliation) quantity, is a nine-digit code that identifies the monetary establishment and the situation the place the account is held. As an example, the routing quantity for Wells Fargo accounts in New York Metropolis is 026009593.
Routing numbers are important for processing digital funds, corresponding to direct deposits, wire transfers, and ACH funds. They be sure that funds are despatched to the proper financial institution and account. Traditionally, routing numbers had been assigned primarily based on the Federal Reserve’s geographic areas. Nonetheless, with the appearance of digital banking, routing numbers have change into extra standardized.
