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Zeqt bmo | Banks offer ACH services for businesses who want to collect funds and make payments electronically in batches through the national ACH network. It is used for domestic or international transactions in which no cash or check exchange is involved, but the account balance is directly debited electronically and the funds are transferred to another account in real time. ACH routing number is a nine digit number. This routing number is used for electronic financial transactions in the United States. The next four numbers identify the specific bank. Each routing number is unique to a particular bank, large banks may have more than one routing number for different states. The last number is called as a check digit number which is a confirmation number. |
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