It's the bank routing number. is a nine digit bank code used in the us which appears on the bottom of negotiable instruments such as checks that identifies which financial institution it is drawn upon. This code is also used by FRB to process Fedwire funds transfers and by the ACH to process Direct deposit and other automated transfers. The routing number is derived from the bank's transit number originated by the ABA which designed it in 1910
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The ABA of an Australian bank is just the BSB, with XXX added to fill out the nine digits. ABA (AMerican Banking Association) routing numbers are just a nine digit number version of our conventional BSBs.
It is an additional banking code required for international wires. This is added to the bank's ABA number and account number.
The American Banking Association (ABA) routing numbers only apply to banks located within the United States. Chinese banks use a Society for Worldwide Interbank Financial Telecommunication (SWIFT) code to transfer money internationally.
SWIFT Society for Worldwide Interbank Financial Telecommunication ("SWIFT") operates a worldwide financial messaging network. Messages are securely and reliably exchanged between banks and other financial institutions. ABA The American Bankers Association (ABA) is a free-trade and professional association that promotes and advocates issues important to the banking industry in the United States. The ABA's national headquarters are in Washington, D.C. In addition to its trade association mission, the ABA also performs educational components for consumers through its Educational Foundation affiliate.
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