Eastern Bank Routing Number :-Some people in the United States know Routing Number as ABA and some know as RTN Routing Number and, it consists of 9, digits designated to every bank in the ABA since 1911. Routing Numbers help banks in identifying the financial institution behind the transaction you have made such as writing a check, setting up a direct deposit, or using your bank’s Bill Pay feature.
Banks in the United States are allowed to have only one routing number. But as we can see there is more than 1 routing number, it is only due to mergers between several banks, but the Federal Reserve needs that additional routing numbers to be phased out within 18 months.
Whenever you provide the routing number on the check paper is not dropped because if it happens, any checks or transaction that make use of the old Routing Number will bounce and be returned unpaid. So it is very important for you to provide the correct routing number. That’s why, we have made this article in which you will be going to know how you can find Eastern Bank Routing Number, what is SWIFT Code, Eastern Bank, etc.
- 1 Eastern Bank
- 2 Eastern Bank Routing Number
- 3 What Do The Routing Number Mean?
- 4 What Is SWIFT Code
- 5 Eastern Bank SWIFT Code
- 6 Eastern Bank Wire Transfer
- 7 Final Words
Eastern Bank was founded back on April 15, 1818, as Salem Savings Bank and insured by the Federal Deposit Insurance Corporation on October 1, 1983. And Eastern Savings Bank’s parent company Lynn, Massachusetts-based Eastern Bank Corporation, renamed it as Eastern Bank, and also reorganized it into a mutual holding company, offering it the primary of its kind in Massachusetts on October 19, 1989.
If we take a look in the year 1997, Eastern starts with a powerful expansion program with the aim of doubling its size within five years. The foremost acquisition of the program was originally started in early 1998 when Eastern bought the ten-branch Quincy-based Hibernia Saving Bank
Eastern Bank is one of the oldest and largest mutual bank situated in the United States and the largest community bank in Massachusetts. It has more than 94 branches, Eastern had a 3.2% market share in Massachusetts in 2016.
Eastern Bank Routing Number
Yes, it is very, important to know your correct Eastern Bank Routing Number because it is necessary to have correct routing number if you want to make a direct deposit, pay an electricity bill online, want to send a wire transfer, etc. That’s why we have mentioned Eastern Bank Routing Number below:
|Eastern Bank Routing Number|
It is 9, digit number. Above, we have discussed one method through which you can find your correct Eastern Bank routing number. Keep calm because you will definitely, going to find your correct Routing Number and we have mentioned the method below that will surely, help you in finding your Eastern Bank Routing Number.
Method 1: Finding Eastern Bank Routing Number By Calling Service Representative
This first method is one of the easiest methods from which you will be going to know your correct Eastern Bank Routing Number and in this methods you just have to call the Eastern Bank customer care number to speak with the customer service representative by calling – 1-800-327-8376) during the following hours: Monday – Friday: 7:00AM – 8:00 PM.
Method 2: Finding Eastern Bank ABA Routing Number From Checkbook
The second method through which you will definitely, find your Eastern Bank Routing Number is by seeing in Eastern Bank account checkbook. And for you, we have mentioned each and, every necessary step, which you have to follow carefully because by following these steps, you can find your Eastern Bank Routing Number.
Step 1. Take your Eastern Bank account checkbook.
Step 2. Then take one check paper out of your Eastern Bank account checkbook.
Step 3. Then you have to look at the bottom left side of the Eastern Bank account check paper. There you will see a 9, digit long code and that’s it because that is your Eastern Bank Routing Number.
Step 4. And if you still are not able to locate your routing number then you just have to locate any 9, digit long code printed on your Eastern Bank check paper. If you find any 9, digit long code then it means your search for the routing number is complete.
And still, if you aren’t able to find your bank routing number then you do not have to take tension, because, after that, you just have to find any 9, digit code on the same check paper. And if you, find any 9, digit code number on your check paper then your problem is solved because that is your Eastern Bank routing number.
What Do The Routing Number Mean?
You will get surprised after knowing that each digit of the routing number has its own identity. The first four starting digits in the routing number are the Federal Reserve routing symbol. The first two digits have been allocated to different kinds of financial institutions – 00 means the U.S government and its agencies; 01 to 12 symbolizes banks, Federal Reserve Banks, Federal Home Loan Banks, Federal Land Banks, Federal Intermediate Credit Banks, Farm Credit Banks, and state government units; 21 to 32 means economy institutions; 61 to 72 are Electronic Transaction Identifiers and 80 means it is a check of travelers.
What Is SWIFT Code
SWIFT Code is also known as BIC Codes, and it is one of the mandatory things for making International Wire Transfers, successful. SWIFT Code performs the almost similar task as routing number does. While routing numbers are used for domestic wire transfer in the USA, whereas SWIFT Codes are used for incoming international fund transfers. Any consumer of Eastern Bank wants to send or receive the money within or outside of United States to a bank account of Eastern Bank in the USA, your financial institute or, you can say a bank will definitely, ask for the SWIFT Code of Eastern Bank.
Eastern Bank SWIFT Code
Eastern Bank SWIFT Code is EASRUS3B. It is one of the necessary code that one should have while making an international wire transfer. Each and, every financial institution use SWIFT Code to make international transactions. This code also helps banks in exchanging messages between two banks.
Eastern Bank Wire Transfer
If you have an Eastern Bank account, then one of the best ways of receiving money is wire transfer because wire transfer is the quickest mode of receiving money. Yes, through wire transfer, you can receive money from within USA (Domestic Wire transfers) or from a foreign country (International Wire Transfer). The transaction process id started by the sender via a financial institution, and you have to give your correct banking details to the senders for making any transaction, successful.
Thank you for visiting our site, we hope you like the information that we have provided in this article. Yes, we know that finding your Eastern Bank Routing Number is not a difficult task but there are some people, who find difficulty in finding the right routing number. That’s why we have listed all the Eastern Bank Routing Number above and still, if you find any difficulty in finding your correct Eastern Bank Routing Number then you can comment below, we will give an answer to your question.