money
 






 

Question by  ganesan26 (7)

What is the significance of the routing number on a checking account?

Can people steal your money if they have a routing number?

 
+7

Answer by  biswa1985 (7)

The significance of the routing number on a checking account is that its basically identifies the financial institution which is making the payment.It provides a means of directing funds from one bank to other.Yes they can steal by printing out fraudulent checks.

 
You have 50 words left!