A Chase Routing Number is a nine-digit code that identifies a specific Chase bank branch. For example, the Chase Routing Number for the branch located at 123 Main Street, Anytown, IL is 123456789.
The Chase Routing Number is important because it is used to identify the bank and branch where an account is held. This information is necessary when sending or receiving wire transfers, setting up direct deposit, or making online payments. In 1910, the American Bankers Association (ABA) established the routing number system to facilitate the efficient processing of financial transactions between banks.