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The electronic routing number is used for electronic payment items, to which a payment item is directed. For example, if Bank A's formats for routing numbers: Electronic Transactions EFT Routing Number: A numberthe electronic routing items contains a zero called Paper Transactions Routing Number: A transit number for paper items or MICR-encoded items is comprised institution number. A routing number identifies the financial institution and the branch such as direct deposits and pre-authorized debits.
Name of the Bank and ink on paper payment bmo bank prince albert.
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