Facts Flashcards
7 cards from real Bank Code practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Facts flashcards as text
In the United States, what is the bank code used for domestic transfers commonly called?
Answer: Routing number (ABA number)
US domestic transfers use the ABA routing number to identify the bank.
How many digits does a US ABA routing number contain?
Answer: 9
A US ABA routing number is always nine digits long.
Where on a paper check is the routing number typically printed?
Answer: Bottom left, as the first set of numbers
The routing number is the first nine-digit group at the bottom left of a check.
Which country uses a six-digit 'sort code' to identify bank branches?
Answer: United Kingdom
The United Kingdom uses a six-digit sort code to identify the bank and branch.
What does the BSB number used in Australia identify?
Answer: The bank and branch
Australia's BSB (Bank-State-Branch) number identifies the specific bank and branch.
The last digit of a US ABA routing number serves what function?
Answer: Check digit for validation
The ninth digit of an ABA routing number is a checksum digit used to validate the number.
What do the first two digits of a US ABA routing number indicate?
Answer: The Federal Reserve district where the bank is located
The first two digits of an ABA routing number identify the Federal Reserve district serving the bank.