![]() To complete a wire transfer, the sender must provide his bank name and account number of the recipient, the receiving account number, the city and state of the receiving bank and the bank's routing number. It is used for domestic or international transactions in which no cash or check exchange is involved, but the account balance is directly debited electronically and the funds are transferred to another account in real time. ACH Routing Numbers are used for direct deposit of payroll, dividends, annuities, monthly payments and collections, federal and state tax payments etc.įedwire Routing Number: Fedwire Transfer service is the fastest method for transferring funds between business account and other bank accounts. The last number is called as a check digit number which is a confirmation number. The next four numbers identify the specific bank. The first four digits identify the Federal Reserve district where the bank is located. ACH routing number is a nine digit number. Banks offer ACH services for businesses who want to collect funds and make payments electronically in batches through the national ACH network. ACH helps to improves payment processing efficiency and accuracy, and reduce expenses. This routing number is used for electronic financial transactions in the United States. Routing numbers may differ depending on where your account was opened and the type of transaction made.Įach routing number is unique to a particular bank, large banks may have more than one routing number for different states.ĪCH Routing Number: ACH Routing Number stands for Automated Clearing House (ACH). This number identifies the financial institution upon which a payment is drawn. The ABA routing number is a 9-digit identification number assigned to financial institutions by The American Bankers Association (ABA). So, if you’re sending or receiving an international transfer from Europe (and several other territories), you will need an IBAN.ABA Routing Number: Routing numbers are also referred to as "Check Routing Numbers", "ABA Numbers", or "Routing Transit Numbers" (RTN). 2621 Lebanon Pike Nashville, TN 37214 next page > First Horizon Bank. It is not used in the US (as well as in Canada, Australia, and New Zealand). Complete list of 23 First Horizon Bank locations in or near Nashville, TN with financial information, routing numbers, reviews and other informations. It is generally used for international transfers in Europe and several other territories. While a routing number and a SWIFT code are both numbers used to identify a specific financial institution, an IBAN is a personal bank account number. If you’re the one receiving an international transfer, you’ll have to provide your bank’s routing number, as well as its SWIFT code. If you’re the one making an international transfer to a beneficiary outside the US, you’ll need to enter the SWIFT code of the beneficiary’s bank. This code will identify the country, bank, and branch of the recipient's account. First Horizon Bank Donelson branch is located at 2621 Lebanon Road, Nashville, TN 37214 and has been serving Davidson county, Tennessee for over 18 years. So, if you have a US bank account and want to make a domestic wire transfer, you'll need the routing number of the recipient’s bank.Ī SWIFT code (also called BIC) is used for the identification of banks and financial institutions globally when making international money transfers. We’ve already explained what’s a bank routing number and it’s also worth mentioning that they’re only used in the US. ![]() These three, SWIFT code, routing number, and IBAN are the most common ones, and it's important to know what each one means. Banking Products and Services provided by First Horizon Bank. 2621 Lebanon Road Nashville, TN 37214 (opens in a new tab) Phone : (615) 884-6800 Banking Hours. ![]() ABA routing number 061120152 is used to facilitate ACH funds transfers. It’s normal to get confused by all the acronyms and codes involved in (international) wire transfers. routing number careers fraud tools and support Personal Banking Main Menu Small Business Banking. Routing number 061120152 is assigned to FIRST HORIZON BANK located in MEMPHIS, TN. As shown in the picture, the routing number is at the bottom left corner of a check. You can usually find it on your check or bank statement. There are many ways to find your bank’s routing number. They are required by the Automated Clearing House (ACH) network to permit electronic transactions, such as wage and pension payments. The terms «routing,» «transit» and «ABA» number are all used today and have the same meaning.Ī routing number is used when processing check and electronic transactions, like fund transfers, direct deposits, bill payments, and digital checks.įedwire money transactions are processed by the Federal Reserve Banks using routing transit numbers. The American Bankers Association (ABA) established these numbers. A routing transit number is a nine-digit number that identifies a bank or financial institution when clearing money for electronic transfers or processing checks in the US.
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