Q:

How many digits are in a bank account number?

A:

According to Check Advantage, bank account numbers differ from bank to bank. A bank account number can contain up to 18 digits. The bank account number is located at the bottom of the check, immediately following the routing number, which identifies the bank within the financial system.

Check Advantage explains that a bank account number is used to set up direct deposit, to order additional checks or to set up automatic bill payment from a checking account. The bank account number is also needed to complete a wire transfer from one bank to another. Some bank account numbers include spacing between the numbers.


Is this answer helpful?

Similar Questions

  • Q:

    How many digits are in a checking account number?

    A:

    Although the number of digits in a checking account varies by bank, most use from nine to 12, according to U.S. Bank. Banks print the checking account number as the second set of digits in the series of magnetic numbers at the bottom left of the check.

    Full Answer >
    Filed Under:
  • Q:

    What is a fiduciary bank account?

    A:

    A fiduciary bank account is a checking or savings account in which the funds are owned by an individual or group and managed by another individual or group for the benefit of the owner, according to the U.S. Department of Veterans Affairs. Fiduciary accounts assume that the party managing the account will look out for the best interests of the fund owners.

    Full Answer >
    Filed Under:
  • Q:

    Why would my bank account be frozen?

    A:

    Investopedia explains that bank accounts may be frozen for a variety of reasons, including civil court judgements, suspected illegal activities or suspicious activities that have been detected by government agencies or regulatory bodies. The death of the account holder may also trigger a temporary freeze on bank accounts.

    Full Answer >
    Filed Under:
  • Q:

    What happens when your bank account is overdrawn?

    A:

    According to BALANCE, a financial fitness program, when a charge hits your bank account and there are insufficient funds to cover it, either your bank may refuse the charge or allow your account to go into a negative balance. If the bank allows an overdraft, it typically applies a charge for each item that overdraws the account, and these fees can stack up.

    Full Answer >
    Filed Under:

Explore