Are you trying to transfer money in or out of your Charles Schwab checking or savings account? If you are, then it is essential that you know your bank’s routing number as it serves as an address to let other banks know where to send you your money.
Be sure to continue reading our post below to find out how to find your Charles Schwab routing number and learn more about money transfers.
What Is a Routing Number?
A routing number is a 9-digit code that banks use to identify themselves. Think of it as an address that lets other banks know where to find your money. Routing Numbers are used to identify your bank whenever you make a financial transaction like writing a check, setting up direct deposit, or using your bank’s Bill Pay feature.
You need your routing number for many tasks, including:
- ACH payments
- Setting up direct deposit
- Receiving benefits from the government, including tax refunds
- Transferring money between accounts at different banks or investment firms
- Automatic bill payment
- Domestic wire transfers
Charles Schwab has branches all throughout the United States and has different routing numbers or “addresses” for different regions. To find out the right Charles Schwab routing number for you, check out the list below.
Charles Schwab Routing Numbers
The routing number for all Charles Schwab bank accounts is 121202211.
This includes for savings accounts as well—they use the same routing numbers as checking accounts. But you’ll use a different routing number for wire transfers. To move your money, you’ll also need the bank account number. Keep reading for some ways to find both.
How to Find Charles Schwab Routing Numbers
- Use a Check: You can find your routing and bank account number on the bottom of the checks connected to your checking account. The 9-digit routing number is on the bottom left of the check. The long series of digits beside it is your account number.
- Go Online: Also, you can log into your bank account online. Head to the Accounts page, scroll to History, and then Statements and Reports. Click on your most recent statement to view your account and routing number.
- Call Customer Service: If you don’t have online access or a check handy, call Charles Schwab customer service at (800) 435-4000. Representatives are available 24/7. After you provide a few specific details to identify yourself, a representative will be able to confirm your account’s routing number.
Routing Number for Wire Transfers
Wire transfers are a faster way to send money than an ACH transfer, but this will typically cost a fee. To wire funds with a personal Charles Schwab bank account, you can initiate the wire:
- Online
- By telephone
- By submitting a completed Charles Schwab Bank Wire Transfer Request and Authorization Form before 2 p.m. ET on the day you’d like to send the wire transfer
You won’t use the regular Charles Schwab routing number for wire transfers. Depending on the the type of transfers, use the following numbers:
- For all domestic money transfer you do between bank accounts, you will use the Charles Schwab ABA routing number 121202211.
- Domestic wire transfers will use the Charles Schwab domestic wire transfer routing number 021000089.
- For all international wire transfers, which means you transferring money from your account to an account located outside the United States, you will need to use the Charles Schwab SWIFT code CITIUS33.
Charles Schwab Wire Transfer Fee
Wire Transfer Type | Fee |
Incoming Domestic Wire | $0 |
Outgoing Domestic Wire | $25 |
Incoming International Wire | $0 |
Outgoing International Wire | $25 |
Author’s Verdict
If you bank with Charles Schwab, then knowing or keeping your routing number on you is important when it comes to managing your finance. Having this on hand will help you set up direct deposit, automatic payment, or wire transfer.
If you’re interested in researching new banks, go through our posts about Best Bank Bonuses, Best Savings Account Rates, and Best Credit Card Bonuses. Be sure to soak in all this information when choosing the right bank for you!