Quote:
Originally Posted by retiredguy123
Something doesn't sound correct. If you are transferring money into your bank, the bank has one routing number for all incoming electronic transfers. When I log in to Fidelity, and click on "manage bank accounts" it shows my bank account numbers and the single routing number for the bank. You can link bank accounts to Fidelity and make electronic transfers to the bank, but those transfers should all use the same bank routing number for all accounts within that bank. Another bank will have a different routing number.
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Hmmm, . . . not sure why a bank CAN'T have more than one routing number based upon business needs.. .
There is an implied one to one relationship between the routing number to a bank, in which case, a bank should be able to have a different routing number for a different legal entity of the holding company, which still conforms to one legal entity bank to one routing number.