When making financial transactions, understanding “where is the routing number on a check” is paramount. A routing number, a unique nine-digit code printed on checks, identifies the financial institution that handles the account. For instance, on a check issued by Bank of America, the routing number would be located at the bottom left corner, below the account number.
Knowing the routing number on a check is essential for various reasons. It enables seamless electronic fund transfers, ensures accurate direct deposits, and facilitates check processing. Historically, the development of the routing number system in the 1910s revolutionized banking by streamlining check processing and reducing errors.