Wells Fargo and Company is a well-renowned, capacity-building financial service. It offers banking, financing, transaction, and loans services. Through more than 7,200 locations, Wells Fargo offers business-to-business and business-to-consumer services in the above-mentioned sectors. You can avail of mobile banking and internet banking services as well. Wells Fargo locates in more than 31 countries and territories to facilitate customers. Its customers are global leaders as well.
Wells Fargo is a reputable institution in the financial sector. Fortune marked Wells Fargo at 3oth position in the 2020 rankings of America’s largest corporation. With 13,000 ATMs, internet banking, and mobile banking facilities, it is the top leading institution across the continents.
What is a Routing Number?
Routing numbers are assigned by the American Bank Association (ABA). Therefore, these numbers are also called ABA. Alternatively, transit number is also used for transit numbers.
The ABA number is a nine-digit identification number. Banks assign this code to the customers. It is based on the location where you opened the account in the United States. For example, the ABA number for Wells Fargo could be dissimilar as it is characterized by location, account type, and other relevant particulars.
Looking for a routing number for the financial transactions? No biggie! Laidback and get all the useful information in this post.
When do you need this number?
A routing number is a primary requirement for financial transactions. It is required due to following reasons.
- To establish direct deposit
- Sending and receiving money
- Conducting any financial transactions
- For payment or consumer bills
Methods to find routing numbers
Transit numbers can be traced based on some particular information. For small banks, the ABA number could be the same for all customers. But for multinational financial institutions like Wells Fargo, routing numbers are dependent on the account type, location of a bank branch, financial transaction type, and some other important elements. Let’s dive a little deeper to know more.
How do I find my Bank Routing Number?
Small banks may have one transit number. Multinational banks may have these numbers based on the location. Therefore, it is quite possible that one bank could be assigning multiple routing codes to different customers. Generally, these numbers trace the location of the bank where you opened your account. It reveals the bank branch. But it is not the only viable condition. This code could be telling you about services used, and transaction types.
Irrespective of characteristics, one thing is certain that it will be a nine-digit code assigned by ABA. The routing number is located in the bottom left corner of your cheque. The second block at check is the account number, and the third block is the cheque number.
The bank account can be tracked by using the transit number. You can do this by logging into your bank account at Wells Fargo’s official site.
1. The routing number on the check
You have got your checkbook? Finding it difficult to trace your transit number? Let us help you find it. Please look at the bottom left corner of your check. The first set of nine-digit number code; it is your routing code. Wasn’t it quite easy to find your routing number?
2. On monthly statement
You can trace your transit number with or without a check. To get the ABA code using a bank statement, you can use the third or fourth digits of your account number. To find your account number, look at the top of the right column of a bank statement. Finding an ABA number is not a herculean task. You can access it very easily.
3. Call your bank customer service and ask them for your transit number
You can approach the customer services of Wells Fargo by dialing 1-800-869-3557. They will ask you for some information and afterward, you can get your ABA number. You are ready to conduct your business transactions now.
4. Use the mobile app or online service to trace Routing Number
You can use Wells Fargo mobile app or online services to know the ABA code. Alternatively, you can verify your transit number. Following steps should be followed to do this.
- Sign in
- Click on your account
- Tap “show more details”
- Click “routing number”
Now you will see the ABA code for direct deposits, electronic payments, and domestic wire transfers.
5. Routing number by State and Territory
It is widely known that routing codes are based on location. It traces your bank branch. So, the transit code could be the same for customers having a bank account in a similar branch. In short, it is a state or territory-based number. This number could be an identification of your territory.
Characterized by your location, transit numbers are shown below.
|State or Territory||Routing Number|
|District of Columbia||054001220|
|North Mariana Islands||121042882|
|American Forces Abroad||121042882|
Based on Account Number
The routing code may be based on your account number. The first digits of the account number can trace your transit number. The following table utterly describes the fact.
Routing number based on the first 3 digits of your account number:
|Account Number||Routing Number|
Based on Particular Program:
- Command Asset Program:
Command and asset program holders are having different transit numbers even the territory is the same. The difference can be due to the financial services availed by Wells Fargo.
- The routing number is 102307164:
Integration of financial management and investing into a single entity falls in the command asset program. This relationship links investing and cash management for maximum convenience, and flexibility. Financial experts at Wells Fargo facilitate you with the command asset program. It is your primary investment account. Prospective clients can get free initial consultation from advisors at Wells Fargo.
- Wells Fargo Easypay Card Routing number 031302777:
Easypay card offers a reloadable prepaid debit card that helps in managing money. Make purchases, pay bills, and withdraw cash by using Easypay Card, all can be done within a snap. The card is linked to an account. Terms may explain how you may add funds. Wells Fargo offers different transit numbers for its Easypay Card customers.
Based on Transaction:
- Wells Fargo Wire Transfer Routing Number:
It is well known that wire transfer is one of the fastest ways to transfer money. You can collect your funds imminently. Some banks have separate transit codes for such transactions. By this, processing speed gets boosted. You can get your funds instantly.
- Routing number for wire transfer:
Wire transfer is a method of transferring money electronically. There is no physical exchange of fiat currency. Other means of transferring money include checks, cash, mobile apps, and many more. But wire transfer is one of the fastest ways to do this.
To make a wire transfer, some important particulars are needed.
- Sender’s particulars
- The sender’s bank account details and ABA number
- The recipient particulars
- The recipient bank account details and ABA number
For wire transfers, you can use the online banking facility offered by Wells Fargo. Sign in to Wells Fargo online, go to transfer and pay, initiate the transfer, put recipient details, and routing code. The following reasons stand high for sending money through wire transfer.
- Domestic transfer:
- International transfer (cross-border transfer):
Therefore, use the requisite ABA number based on your particular requirement.
Inside the US 121000248
Outside the united states WFBIUS6S (SWIFT code)
For cross-border transfer, swift code is widely used for the transfer of money.
Key Notes for Wire Transfer:
For wire transfer, you must keep some important points in mind as well.
- Be considerate to determine that a wire transfer is viable and appropriate. As wires cannot be canceled so you need to be cautious.
- Familiarize yourself with the charges that may apply for money transfer.
Ultimate Guide for Routing Number:
Dealing with banks, money transactions, and got stuck? Just remember two things: bank account number and routing code. The bank account number is like your identification number.
Unique codes that ate transit numbers can identify each banking institution. It can locate the bank where you opened your account.
- Both ensure that money ends up in the right place.
- Both are required to conduct financial transactions.
- The routing code indicates what bank your account is held in.
- Both are assigned when you open an account in a bank.
Make a Wire Transfer:
For domestic transactions, you will need ABA numbers and bank account numbers. For financial transactions, the routing number is for a whiz. Act smart and work smart. Grab your ABA number right now. Let’s find out how you can find it. Lighten up, it is easy-peasy.
Key Features to Know about Routing Numbers:
ABA number serves as an electronic address for money transactions made among financial institutions. For better record keeping, electronic transactions are more common and easy to go. ABA numbers facilitate in conducting business. You can make transactions in any corner of the world by using this number. For international transactions, you may need swift code as well.
Routing Number and Swift Code:
In functionality, this number is similar to internationally used swift code. But there is a difference as well. An ABA number is used for domestic transactions in the United States, whereas the swift code is used for international or cross-border transactions in the rest of the world.
Whether you need to deposit money in your bank account or conduct financial transactions for your business, routing number and personal bank account number are two important details to put on. For those who screw up with financial terms, routing number, transit number, and ABA are synonymous. These terms are used interchangeably. So don’t get confused.
You can use online banking or an app to transfer money into your account. This is quite an easy method to transfer money. Transit number plays a crucial role in successfully conducting business transactions. Generally, it is the first set of numbers printed on the bottom left corner of your check.
As a business person, you must minimize issuing paper checks because these checks contain useful information. For financial transactions, it is highly suggested to use transfer applications. In plain words, you must avoid sharing your bank account number and ABA number with an unknown person. It is a safe practice. Someone may steal money if they have your routing number and account number.