A routing quantity, also referred to as an American Bankers Affiliation (ABA) quantity, is a nine-digit code that identifies the monetary establishment the place an account is held. The Nice Western Financial institution routing quantity is 122205229. This quantity is used to facilitate digital fund transfers (EFTs) and different banking transactions.
Routing numbers are important for processing checks, direct deposits, and wire transfers. They be certain that funds are despatched to the proper monetary establishment and account. Routing numbers have been in use for the reason that early 1900s, they usually have performed a vital position within the improvement of the trendy banking system.