what’s wells fargo routing number, this is your question and the reason why you are here, i got you covered as i’ve provided with all the states routing number for the wells fargo bank in 2020. Wells Fargo & Company, incorporated on January 24, 1929, is a bank holding company. The Company is a diversified financial services company.
The bank(wells fargo) has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management.
Wells Fargo provides many services to the public or to the bank customers with retail, commercial and corporate banking services through banking locations and offices, the internet banking and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries.
Wells Fargo provides other financial services through its subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
Wells Fargo has its administrative facilities at various locations, including Phoenix, Arizona; San Francisco, California; San Jose, California; Greenwood Village, Colorado; Littleton, Colorado; Rochester, Minnesota; St. Louis, Missouri; Las Vegas, Nevada; Portland, Oregon, and Austin, Texas.
The Company offers approximately 13,000 automated teller machines (ATMs) and over 6,000 retail banking stores coast to coast. Before i will go ahead and answer your question on what’s wells fargo routing number in the year 2020, i would like you to first understand what is a routing number, what is it’s usefulness to the bank and why do banks in the united states, makes use of it.
What is a Routing Number
A routing number or you can as well call it an ABA routing number, or routing transit number is a nine-digit code, used in the United States, which appears on the bottom of negotiable instruments such as checks to identify the financial institution on which it was drawn.
No any other country in this world makes use of the routing number other than the United States of America. Other countries of the world make use of a swift code or a bic code which you can also call it for international money transfer. For example, as you are looking for wells fargo routing number california, as another person in the UK is also looking for natwest swift code for international money transfer.
Without the routing number or thr swift code, you can’t send or receive mon from abroad, the money transaction will definitely fail.
Through a bank routing number, one can identifies the location where an account or a bank account was opened. Banks make use routing numbers to direct the exchange of funds to and from one another. For example from wells fargo to chase or even bank of Australia.
Please note that you can find wells fargo routing for California, Texas, Florida etc on check or on the bank official website or the ABA’s online database.
The wells fargo routing number and your personal account number can both be found on the bottom of the checks issued by the bank. So if you have a checking account, just go through your check book and you will see it there.
The routing transit number of Wells Fargo totally lies on where you first opened your account. You can find the 9 digit code easily on your below-left corner of the cheque.
You can call the bank customer care to find your respective bank routing number, and if you want to wire transfer, then you need to use the transit number 121000248 for all domestic wires and WFBIUS6S for all International wires.
What’s wells fargo routing number
Okay i have what you’re looking or asking for ” what’s wells fargo routing number” so the following are the bank ABA routing transit numbers by states in 2020.
|State||Routing Number||State||Routing Number|
|District of Columbia||054001220||Oregon||123006800|
|Iowa||073000228||Texas – El Paso||112000066|
|Mississippi||062203751||North Mariana Islands||121042882|
|Nebraska||104000058||American Forces Abroad||121042882|
If you think that i’m missing a particular state here, you can notify me through the comment box and i will update it immediately for you.
A bank may have many routing numbers, depending on things like the location of the account(bank branch) or the task it’s being used for, but no two different banks will ever have the same routing number.
Usefulness of the Routing Number to the bank (wells fargo)
Routing numbers are used for lots of purposes in the banking sector, it isn’t necessarily entails about money transfer, but the following are its usefulness to the bank and to the society.
1. Direct deposit
So the number one usefulness of the routing number is for direct deposit is a deposit of money by a payer directly into a payee’s bank account. Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers’ accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.
Direct deposits are most commonly made by means of electronic funds transfers effected using online, mobile, and telephone bankingsystems but can also be effected by the physical deposit of money into the payee’s bank account.
2. Automatic bill payments
Another usefulness we have is that it hinders for an automatic bill payment is a money transfer scheduled on a predetermined date to pay a recurring bill. Automatic bill payments are routine payments made from a banking, brokerage or mutual fund account to vendors. Automatic payments can be made from a checking account or credit card.
3. Wire transfers
Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another level bank account or through a transfer of cash at a cash office. Without the routing number or the swift code, you and i can’t make use of the wire transfer, which involves sending money from your local bank account to another account outside your country or even continent.
Bet i’ve answered your question on what’s wells fargo routing number. Mind you, it is compulsory to that you will use the bank location routing number if you want want to transfer or receive money. For example, you opened your Wells fargo account in Florida, and then relocated to California, you are to use the routing number for Florida and not California, else you can’t receive or send money, it will hang or fail. Your questions and suggestions are welcomed.