Your routing number is used to identify your bank, while your account number is used to identify your checking account.

The routing number serves as an identifier that distinguishes a particular bank from all others. Large banks may have a different routing number for each state in which they have a branch, and some ...

Renee Sylvestre-Williams is a finance and business reporter. In her more than 10 years of journalism, her work has been published in the Globe and Mail, Flare, Canadian Living, Canadian Business, the ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.