Transit routing number: Difference between revisions
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''US banking''. | |||
(TRN). | (TRN). | ||
The number that is part of the magnetic ink character Recognition (MICR) line of a [[check]] or payable through draft that allows the depository bank to route the check back to the drawee bank. | The number that is part of the magnetic ink character Recognition (MICR) line of a [[check]] or payable through draft that allows the depository bank to route the check back to the drawee bank. | ||
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* [[Drawee bank]] | * [[Drawee bank]] | ||
* [[Magnetic ink character recognition]] | * [[Magnetic ink character recognition]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 12:49, 2 July 2022
US banking.
(TRN).
The number that is part of the magnetic ink character Recognition (MICR) line of a check or payable through draft that allows the depository bank to route the check back to the drawee bank.
