Quick bank question

[LoopHole]

Just opened up a savings/checking account and i have noticed that the routing number is the same for both savings and checking account. Just wondering if that matters and if it could link 2 accounts. I never really paid attention to this before.

[oge]

lol really?-----------> Bank Routing Numbers

[SUVE]

That link is very good oge. You hit the mark spot on again!

[LoopHole]

Originally Posted by oge

lol really?-----------> Bank Routing Numbers

Haha thanks. I consider myself pretty well educated but i do ask some stupid questions sometimes

Another thing. Wouldn't pp find it a little shady if lets say they have 20 accounts in the same state going to the same routing number???? Couldn't this be a possible way of linking/causing a red flag?

[oompaloompa]

question - you get 9 digits divided in to 2 parts, what are they called? routing is a long number, explain the differences

[LoopHole]

Originally Posted by oompaloompa

question - you get 9 digits divided in to 2 parts, what are they called? routing is a long number, explain the differences

Im confused.

[oge]

yes what are you talking about oompa?

[oompaloompa]

I saw a statement and it said account number eg 2568-55233, does say first few digits relate to the bank it is from? is the first 4 digits part of the acc number or is it what we in uk call sortcode, which all accs at that branch have ...

[oge]

Originally Posted by LoopHole

Haha thanks. I consider myself pretty well educated but i do ask some stupid questions sometimes

Another thing. Wouldn't pp find it a little shady if lets say they have 20 accounts in the same state going to the same routing number???? Couldn't this be a possible way of linking/causing a red flag?

It is possible only if you did it all on one day but pp does about 350 millions dollars a day in transactions so it's not likely of 20 accounts will get linked IMO

[oge]

Originally Posted by oompaloompa

I saw a statement and it said account number eg 2568-55233, does say first few digits relate to the bank it is from? is the first 4 digits part of the acc number or is it what we in uk call sortcode, which all accs at that branch have ...

Ok now I get it here's your answer for USA -----> Routing transit number - Wikipedia, the free encyclopedia

[SUVE]

Hmm....I've read this somewhere before.Routing Transit Number (RTN) springs to mind when you think of the 9 digit code.

If I've understood this correctly, the bank company name is identified in the 5-8 digit range & the this includes a regional prefix indicating the metropolitan area &/or state.

EDITS: oge responded just as I was typing this up.

[rsot]

Routing transit number is not something to worry about - millions of folx have the same routing number but different account numbers.

[oompaloompa]

anyone know where to get a source for the regional prefixes, cos wiki only had federal reserve ones for certain areas only

[SUVE]

I am going to PM you oomps on this.