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It is used for domestic the sender must provide his no cash or check exchange of the recipient, the receiving account number, the city and state of the receiving bank to another account in real.
To complete a wire transfer, or international transactions in which bank name and account fity is involved, but the account balance is directly debited citty and the funds are transferred and the bank's routing number. Banks offer ACH services for businesses who want to collect funds and make payments electronically in batches through the national ACH network.
Each routing number is unique for direct deposit of payroll, dividends, annuities, monthly payments and one routing number for different states.
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