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What Is an ABA Number?

EBizCharge

In addition to the Federal Reserve using ABA numbers to process Fedwire funds transfers, they’re required for banks to reconcile accounts and ensure compliance with relevant financial regulations. Entering the wrong ABA routing number can result in funds being sent to the wrong bank or returned to you.

article thumbnail

What Are ABA Numbers?

EBizCharge

In addition to the Federal Reserve using ABA numbers to process Fedwire funds transfers, they’re required for banks to reconcile accounts and ensure compliance with relevant financial regulations. Entering the wrong ABA routing number can result in funds being sent to the wrong bank or returned to you.