A routing number is a nine-digit code that will enable financial institutions to verify one another when moving money around. This will help them make sure that they are transferring money to the right place. Read below for more information on what a routing number is.
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Routing Number 101
The American Bankers Association (ABA) first made a routing number that represents different banks and credit unions. Normally, there are no two financial institutes that possess the same routing number. However, there are several banks or credit unions that own more than one code.
Traditionally, this code represents the Federal Reserve’s Processing Symbol. The first 2 digits stand for the Federal Reserve district for the financial institute. Then, the last two numbers is used to verify the regional processing center for the bank or credit union’s location.
Where to Find It
Digital Federal Credit Union mainly focuses on putting their members needs first. Additionally, they provide amazing financial products and services to be able to exceed their members expectations. There are several different ways to find your banks routing number.
Normally, you’ll be able to find this code on your financial institutes website. If not, then you can look at the back of your check where you’ll see three sets of numbers on the bottom. It’s usually the first set of numbers that will represent your bank or credit unions routing number. Otherwise, you can always call their information center to ask what their code is.
Digital Federal Credit Union’s Routing Number: 211391825.
Wire Transfers
With Digital Federal Credit Union and many other financial institutes, they offer wire transfers. A wire transfer is known for moving money from one bank account to another internationally. You can find this number the same way you find a normal routing number.
There are several banks or credit unions that don’t offer a wire transfer. So check with your bank before transferring your money. If they do allow international wire transfers, check the Society for Worldwide Interbank Financial Telecommunication (SWIFT) code. However, keep in mind that you must have the right code to be able to transfer your money. If you don’t have the right information, your transfer may not be processed, or moved to the right place.
Conclusion
Now, you know what a routing number is and where to find it. When you want to make a money transfer be sure that you have the right code before you send it on its way. Thankfully, DCU only has one routing number to look for when you want to move your money.
