An FL Region’s Routing Number (RRN) is a nine-digit code used to identify the financial institution and branch involved in the transfer of funds. For instance, the RRN for Regions Bank in Tampa, Florida is 063100275. It serves as an address for electronic fund transfers, allowing seamless routing of funds between accounts at different banks.
This code is instrumental in electronic fund transfers, Automated Clearing House (ACH) payments, and wire transfers. Its standardized format ensures efficient processing and reduces errors. Notably, the FRB adopted the RRN system in the 1970s, revolutionizing electronic payments.