A TD Financial institution routing quantity is a nine-digit code that identifies the precise monetary establishment and department the place an account is held. As an illustration, the routing quantity for a TD Checking account in Boston, Massachusetts, is 011000025.
This quantity is essential for digital fund transfers, comparable to direct deposits, wire transfers, and on-line invoice funds. It ensures that funds are despatched to the right account and prevents errors or delays. Traditionally, the routing quantity system was launched by the American Bankers Affiliation within the Seventies to standardize and simplify the method of digital banking transactions.
