This page (revision-7) was last changed on 26-Nov-2021 10:22 by JMyers

This page was created on 26-Nov-2021 10:22 by JEscott

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BANK_TRANSIT_CODE
BANK_TRANSIT_CODE

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BANK_TRANSIT_CODE is a mandatory 16-character alphanumeric field which stores the banking transit number which uniquely identifies the branch within the banking system. For Canadian Installations: The transit # is the format of ddddddddd where the first 4 digits identify the bank transit, while the last 5 digits identify the branch transit.
BANK_TRANSIT_CODE is a mandatory 16-character alphanumeric field which stores the banking transit number which uniquely identifies the branch within the banking system.
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The numbers located on the bottom of your check is called a [MICR|MICR FORMAT] line. The [MICR|MICR_FORMATTING] line is an acronym for Magnetic Image Character Recognition.
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[{If var='loginstatus' contains 'authenticated'
For Canadian Installations: The transit # is the format of ddddddddd where the first 4 digits identify the bank transit, while the last 5 digits identify the branch transit.
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![Discussion|Edit:Internal.BANK_TRANSIT_CODE]
[{InsertPage page='Internal.BANK_TRANSIT_CODE' default='Click to create a new discussion page'}]
For American Installations: The [MICR|MICR_FORMATTING] line consists of three elements; a routing transit number (also known as an [ABA|ABA_NUMBER] number or bank fraction number), an account number, and the check number.
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}]
The ABA number consists of three elements:
*3 character bank transit
*5 character branch transit
*1 character check digit.
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![Notes|Edit:Internal.BANK_TRANSIT_CODE]
[{InsertPage page='Internal.BANK_TRANSIT_CODE' default='Click to create a new notes page'}]
This page (revision-7) was last changed on 26-Nov-2021 10:22 by JMyersTop