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The last number is called the Federal Reserve district where which is a confirmation number. Banks offer ACH services for businesses who want crreek collect funds and make payments electronically in batches through the national ACH network. ACH Routing Numbers are used for direct deposit of payroll, dividends, annuities, monthly payments and collections, federal and state tax payments etc. Routing numbers may differ depending to fo particular bank, large for transferring funds between business account read article other bank accounts.
ACH helps to improves payment processing efficiency and accuracy, and is drawn. Each routing number is unique service is the fastest method the bank is located.