Economy
Why routing numbers were invented
HERE’S THE INTERESTING PART
That magical nine-digit code at the bottom of your checks wasn't born out of some grand digital vision for the future. It was invented over a century ago simply because bankers were tired of manually sorting mountains of physical paper across different geographical zones. We are still using a filing cabinet numbering system from the Taft administration to process instantaneous digital wire transfers today.
One discovery leads to another.
Keep exploring facts in this topic.
Economy →
