![]() So an account number can represent your personal checking account, for example. The routing number is the identifier of the bank or financial institution, whereas your account number refers to your specific financial account. When completing financial transactions, you’re typically asked about your routing number and your account number. Your account number plays an important role as well. Your Navy Federal routing number isn’t the only important number when it comes to managing your finances. Navy Federal Routing Number vs Account Number For example, there can be different routing numbers for wire transfers than ACH or direct deposit. On top of that, there can be different types of routing numbers based on the specific action. But some big financial institutions can have various routing numbers that may be based on the state you hold the account in. Your routing number is used to identify a particular financial institution. The number illustrates that the financial institution has an account with the Federal Reserve. Routing numbers are kind of like addresses for financial institutions and each one will have a different one. The routing number in this case tells the money which financial institution to go to. So for example, when you have direct deposit, your paycheck is put into your bank account. Your routing number serves as the location identifier for the financial institution you opened your account with. So you might be wondering what the Navy Federal routing number has to do with you and why it’s important, but a routing number is actually used for many different day-to-day financial transactions.Ī routing number is used to complete financial transactions such as direct deposit payments, bill payment, and tax payments. What Is a Navy Federal Routing Number Used For? If you're looking to complete an ACH Transfer to any Navy Federal Account, use the ACH Routing Number 256074974. Navy Federal Routing Number for ACH Transfers This can help ensure its accuracy and authenticity. A “check digit” is used to verify the routing number through a special equation. The first four digits of your routing number refer to the Federal Reserve routing number and the following four refer to an American Bankers Association (ABA) routing number, and the last number is the “check digit”. The nine digits can be broken down into several components. Navy Federal Routing Number for International Wire Transfers - 256074974 What Is a Routing Number?Ī routing number is a 9-digit number that identifies the financial institution related to the bank account. Navy Federal Routing Number for Domestic Wire Transfers - 256074974 You can easily find your routing number on this page, on your checks or by logging into your online account. It identifies a particular financial institution and can streamline transactions like direct deposits or making payments. ![]() Your Navy Federal Credit Union Routing Number plays an important role in directing where your money should go.
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