Routing Number on Deposit Slip: A Step-by-Step Guide

A routing number on a deposit slip is a crucial piece of information that helps banks and credit unions process your transactions efficiently.

The routing number is usually a 9-digit code that identifies the financial institution and the location where the account is held.

To fill out a deposit slip correctly, start by writing your account number in the designated space.

Finding your routing number can be a bit tricky, but it's usually printed on your personal checks and deposit slips. You can find it at the bottom left or middle set of numbers enclosed in a pair of identical symbols.

It's not the same as the numbers on your ATM or debit card, which are assigned under a separate system. Don't bother looking there for your routing number.

You can also find your routing number on your bank's website or in its online banking system, often displayed on your user account page. However, it might be buried in a hard-to-find spot, so be prepared to search around.

To make things easier, here are the places you can check for your routing number:

If your bank merges, consolidates, or acquires another bank, your routing number may change.

Your bank will notify you of any routing number change months in advance. This gives you plenty of time to change over.

You'll need to follow your bank's instructions, which may include stopping the use of old checks by a certain date. Don't worry, they'll likely provide you with a free box of new checks if you ask.

Reconfiguring automatic transactions is a good idea, even if you have time to change over. If you continue to use an old routing number that your bank has phased out, they won't honor the transaction.

Reviewing your bank statements from the past 12 months can help you convert over everything smoothly. List all recurring automatic transactions, including direct deposits and automatic payments scheduled in (or outside of) online bill pay.

Direct deposits may require new paperwork and a voided check with the new code. Having this list will ease the updating process and ensure no payment or deposit is rejected by your bank.

Take a look at this: Full Time Recruiting Investment Banking