Fund Transfers

Automated Teller Machine (ATM)
An Automated Teller Machine (ATM) is an electronic banking outlet that allows customers to complete basic transactions without the aid of a branch representative or teller.
RTN (Routing Transit Number)
A Routing Transit Number (RTN) is a nine-digit numerical code used in the United States to identify a specific financial institution. These numbers are essential for various financial transactions, including fund transfers and direct deposits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.