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What is an Account Number?

Any time you transfer money into or out of an account, you’ll need to provide the account number, among other information. What is an account number? It’s the unique identifying string of numbers and/or letters that make the account identifiable. From checking and savings accounts, to brokerage and retirement accounts, every account has a number. Do you know yours?
Thanks to digital technology, most people don’t need to know their account numbers by heart. But you will need to know it when it comes time to initiate a transaction. The reason? Whoever facilitates the transaction needs to know where the money …read more […]