Here’s what a routing number is and why all savings accounts have them.

Here’s what a routing number is and why all savings accounts have them.

A routing number corresponds to a banking institution, not to a specific type of account. Routing numbers are used for several purposes in addition to check-writing, such as setting up direct deposit ...

Although routing numbers are publicly available, it’s not smart to give your routing and account numbers to just anyone.

[Read: Best Savings Accounts.] Where Are the Routing Number and Account Number on Your Check? Some banks may reverse the order of the account and check numbers, putting the check number second and ...

The E*Trade's routing number you use depends on the account type you have with E*Trade. Make sure you use the right one for your transaction.

To create routing numbers, banks combine the five-digit transit or branch number (where you opened your bank account) and the three-digit financial institution number.