Fedwire Routing Number # 121142902
Details of Fedwire Routing Number # 121142902 assigned to UMPQUA BANK
|Fedwire Routing Number||121142902|
|Telegraphic name||UMPQUA BANK|
|Funds transfer status||Eligible|
|Funds settlement-only status|
|Book-Entry Securities transfer status||Ineligible|
|Date of last revision||26 May, 2016|
HILLSBORO-ORList of UMPQUA BANK routing numbers in HILLSBORO ( OR )
What is FedACH?FedACH is the Federal Reserve Banks' Automated Clearing House for financial institutions. The FedACH offers financial institutions, corporations, and consumers an efficient alternative payment method to writing, collecting, and processing paper checks.
What is the Routing number?A routing number is a nine-digit numeric code printed on the bottom of checks that is used to facilitate the electronic routing of funds (ACH transfer) from one bank account to another. It's also referred to as RTN, routing transit number or bank routing number.
What are the Fedwire Funds Service and the Fedwire Securities Service?The Fedwire Funds Service is the real-time gross settlement electronic payments service owned and operated by the Federal Reserve Banks. The Fedwire Securities Service is a real-time gross settlement book-entry securities service owned and operated by the Federal Reserve Banks that allows for the immediate, simultaneous delivery of securities against payment. Fedwire participants are primarily depository institutions acting on behalf of themselves and their customers.