The wisdom of payments processing
Bank Routing Number
A special unique code for a particular bank or, in some cases, a specific bank branch, a bank routing code is a nine-digit number. It is the first nine digits that appear at the bottom of a check along with the account number and the check number. This routing number is used for ACH transactions.
Batch
A batch is a collection of a whole day’s worth of transactions or, in some cases, a collection of transactions from a segment of the day that are accumulated together and sent for processing as a unit. Batch processing is the process of sending them in together rather than sending each transaction individually.