![]() For example, all Visas initiate with the number 4, whereas Mastercards initiate from either 5 or 2.Įxclude the last number on the card. The first number of the IIN is dependent on what major credit card company issued the card. This information is not considered part of the account number. The said number tells merchants the type of card it is and which bank issued the card. The first 6 digits are the Issuer Identification Number (IIN), also called the Bank Identification Number (BIN). It is obviously important that you use the correct number so that transactions get to where they need to be.Skip past the first 6 numbers on the card. When in doubt, speak with a bank representative where you opened your account to determine the routing number you should use. If you have online banking, the bank may list the routing number when you access your account information.īanks often have several routing numbers that they use based on region. View your bank’s website and search for the routing number associated with your bank location. ![]() Additionally, you can often find the routing number online if you do not have checks. If you still hold write out checks, the routing number is the first digits on the lower left of your check. You would need to ensure that you give your employer the correct routing number so that your pay ends up at the location where you hold a bank account. It is used for receiving and sending transactions.įor example, your employer may need your bank’s routing number to transfer your paycheck into your bank account. The routing number identifies the financial institution where you opened your bank account. What Is A Routing NumberĪ routing number (routing transit number) is associated with a checking or savings account. Without getting technical, this number is used to minimizes human errors when the credit card number is typed out. This digit is determined mathematically based on the previous numbers on the card.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |