There are two types of routing numbers in the US:
- Wire routing number (international transfers)
- ACH ABA routing number (for domestic bank-to-bank electronic transfer)
For USD transfers to the US, MoneyMatch deposits the funds through domestic transfer (ACH Transfer/Direct Deposit) instead of Wire Transfers.
ACH ABA Number/ Electronic Routing Transit Number
The ACH ABA number, or electronic routing transit number, is a nine-digit number that identifies each bank.
The format of the ACH ABA number is XXXXYYYYC.
- First 4 digits - Federal Reserve Routing Symbol
- Next 4 digits - ABA Institution Identifier
- Last digit - Check Digit
You may obtain this number from the recipient bank, and it is necessary for all USD transfers to the US via MoneyMatch.
For these payments, we can only accept ACH ABA electronic routing number (we cannot accept wire or any other routing numbers).
Sometimes, banks might use the same routing number for ACH and Wire transfers, however, it is best to confirm with the recipient bank for the ACH ABA Number.
Generally, the recipient bank will publish the routing numbers online, so you may always find the routing number on your bank's website.
If the incorrect number is used the payment will not be lost, but will eventually bounce back to us, whereby we could either re-send it or refund.
However, this may take time and can cause avoidable delays to your payment, so it's best to get the accurate information needed for your transfers on the first try!