transit routing number

transit routing number
A nine-digit number contained in the MICR line of each check. The routing number identifies the paying bank. American Banker Glossary

Financial and business terms. 2012.

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  • Routing Transit Number - RTN — A nine digit numerical code used to identify a banking or other financial institution to clear funds or process checks in the U.S. The routing transit number, as it appears on a check, specifically denotes the banking institution that holds the… …   Investment dictionary

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  • Check Routing Symbol — A set of numbers appearing as the denominator of a fraction that is printed in the upper right corner of any check that is paid through the federal reserve system. The check routing symbol contains three or four digits and provides three pieces… …   Investment dictionary

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