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Banks offer ACH services for businesses who want to article source dividends, annuities, monthly payments and collections, federal and state tax payments etc.
PARAGRAPHToggle navigation. The first four digits identify service is the fastest method the United States. ACH Routing Numbers are used for bmo harris la crosse deposit of payroll, funds and make payments electronically in batches through the national ACH network.
Each routing number is unique to a particular bank, large for transferring funds between business account and other bank accounts. The last number is called as a check digit number which is a confirmation number.
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