Started as a 10-member credit union, the Abound Credit Union has become the largest credit union in Kentucky. It was first started in 1950 and has been serving as one of the top credit unions for more than 70 years now. With more than 100,000 members it is one of the most trusted credit unions and its growth has been phenomenal. As members are increasing, the need to understand the institution and its working has increased as well. And, routing numbers is something that every member needs to know about. In this blog, you will get all the information about the Abound Credit Union Routing Number. Have a look:
What’s the Purpose of the Routing Number?
Routing numbers are required for wire transfers and automatic deposits. It’s a very secure and quick way of getting the money to and from the banking institution. The routing number of the bank is paired with your account number to do the transactions. It is one of the most important things needed.
Do You Need an Abound Credit Union Routing Number?
If you bank at Abound Credit Union, then you need the routing number. You can easily find it on the checks or the website of the credit union. The routing number ensures that the wire transfers are done accurately within 24 hours so this number is extremely important if you are a member of Abound Credit Union.
What Do You Require For a Wire Transfer From Abound Credit Union?
Wire transfers from Abound Credit Union are very simple and you just need some important information to complete them. You need the recipient’s full name, address. You also require the recipient’s bank name, address, phone number along with their bank account number and type. For domestic transfers, you also need the recipient’s ABA routing number and for international transfers, you require their bank IBAN and BIC/SWIFT codes.
What’s the Process for Initiating the Wire Transfers?
The process of wire transfer initiation is not rocket science. It’s very simple and can be done by anyone. You need to have the necessary recipient’s information (which has been mentioned in the last point) along with their routing number. When you have these, you just need to call the Abound Credit Union Customer Service Number ( (800) 974-8800) to initiate the wire transfer. It’s that easy.
Are Wire Transfers Using Abound Credit Union Routing Number Safe?
Yes, they are safe. No one can access your account using the routing number. The number is used for incoming transfers only and even if someone has the routing number they can not take out the money from your bank account. However, you must be very careful with your bank account number as it can be used in the wrong way. So, don’t share it with anyone and keep it confidential.
Abound Credit Union is an amazing organization to be associated with as it is one of the oldest in Kentucky. They also offer a vast range of services such as home loans, business loans, brokerage accounts, and much more apart from the deposits account. So, it’s a great place for banking. And, if you are already a member of this union or want to be a part of it, you must know the importance of the Abound Credit Union Routing Number as it plays a huge role in the transactions. And, this blog has been crafted to provide the correct info about the routing number, and hopefully, it answers most of your questions. If not, do let us know what more you want us to cover.
What is this routing number for?
Routing numbers are used for making automatic deposits or making wire transfers. They operate like an address for a bank, and when paired with your account number will allow money to get to or from your bank account quickly, securely and accurately.
Who needs the Wright-Patt Credit Union Routing number?
Anyone who banks at Wright-Patt Credit Union might need to find the routing number. It can be found on the checks, and sometimes the bank or credit union has it on their website. Some banks and credit unions make it difficult to find, so we’re here to make it fast and easy for Wright-Patt Credit Union Routing number
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