123000013 - Federal Reserve Bank Routing Number

A 123000013 number that is used to recognize a Federal Reserve Bank or a financial institution is known as the Routing number. A routing number is also known as the routing transit number. Every financial institution has a unique routing number. This number help to identification of the Federal Reserve Bankgeographical location of the branch

FedACH Routing
Routing Number	123000013 The banking institution's routing number
Bank	Federal Reserve Bank Commonly used abbreviated customer name
Office code	Main office
Servicing FRB Number	121000374 Servicing Fed's main office routing number
Record Type Code	0 The code indicating the ABA number to be used to route or send ACH items to the RFI 0 = Institution is a Federal Reserve Bank 1 = Send items to customer routing number 2 = Send items to customer using new routing number field
Address	P O Box 291
City	Minneapolis
State	MN (Minnesota)
Zipcode	55480-0291
Telephone	(877) 372-2457
Revised	December 24, 2015 Date of last change to CRF information
institution Status Code	Receives Gov/Comm Code is based on the customers receiver code 1 = Receives Gov/Comm
New Routing Number	Bank institution's new routing number resulting from a merger or renumber
Money Transfer	Save on international money transfer fees by using TransferWise, which is up to 8x cheaper than transfers with your bank.

Finding this nine digit code is not rocket science. Just like any other account, Federal Reserve Bank routing numbers can be found easily using these methods.

Referring to the checkbook: Get the Federal Reserve Bank’s routing number at the bottom left-hand corner of the cheque. The first set of number is the Federal Reserve Bank’s routing number whereas the second set of number is the account holder’s number.

Bank website/ online banking: Federal Reserve Bank has listed its routing number on its website. Find it easily by logging into their website. If you are an account holder, then you can also find Federal Reserve Bank’s routing number by logging to your mobile banking or calling the bank officials directly.

MybankDetail.com: Check out the routing number of Federal Reserve Bank by simply inputting the bank name and the location at mybankdetails.com. In a few seconds, the routing number will be on your screens.

Routing number vs Account number

The routing number of Federal Reserve Bank is different from its account number. As a matter of fact, this condition holds the same for all of the banks in the world. Differentiating the account number from the routing number is no big task. For every bank related transaction, one may be prompted to provide with their account number and routing number. Both of these credentials are assigned to you while you opened your account at Federal Reserve Bank.

But both of these valuable numbers indicated two different details. Account number identifies the account holder, whereas the routing number specifies the bank in which your account is held. For eg., Your Federal Reserve Bank account number is 0000123000013 and the routing number is 123000013. Here 0000123000013 depicts your details as the account holder of Federal Reserve Bank and 123000013 represents the details of Federal Reserve Bank that is responsible for money going in and out of your account.

Difference between ACH and ABA routing number

ABA or the American Bankers Association routing numbers are used for the paper of cheque transfers.

ACH or Automated Clearing House routing numbers are used for electronic transfers.Both ABA and ACH routing numbers are nine-digit codes. But the first two digits of the nine digits in an ABA number ranges from 00-32 whereas, for ACH routing number, it can range from 61-72.

For some banks, ACH or Automated Clearing House routing numbers and ABA or the American Bankers Association routing numbers may be the same. Confirm with Federal Reserve Bank’s officials before using ACH or ABA routing number for any financial transactions.