Routing Number 041055551

Routing number 041055551 is assigned to Frb Cleveland - Expense Accounting, a main office located at 1455 E. 6th Street, Cleveland, Ohio 44111. This nine-digit ABA routing transit number identifies Frb Cleveland - Expense Accounting within the Federal Reserve's Cleveland district for processing ACH payments, direct deposits, wire transfers, and check clearing.

The first two digits (04) indicate the Federal Reserve Bank of Cleveland, digits 3-4 (10) identify the processing center, digits 5-8 (5555) are the institution identifier, and the final digit (1) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with Frb Cleveland - Expense Accounting, provide your employer with routing number 041055551 along with your account number. Your account number is separate from the routing number and can be found on the bottom of your checks (to the right of the routing number), in Frb Cleveland - Expense Accounting's mobile app, or in online banking under account details.

You can verify this routing number on the bottom-left corner of any check from Frb Cleveland - Expense Accounting, in the mobile app, or by calling 800-624-1373. Direct deposits using this routing number are processed through the Automated Clearing House (ACH) network and typically post within 1-2 business days.

Routing number 041055551 is registered for ACH transactions at Frb Cleveland - Expense Accounting, including direct deposits, bill payments, payroll, and recurring transfers. ACH payments are processed in batches through the Federal Reserve and typically settle in 1-2 business days.

For domestic wire transfers, Frb Cleveland - Expense Accounting may use a different routing number. Wire transfers are processed individually through the Fedwire system and settle same-day. Always confirm the correct wire routing number with Frb Cleveland - Expense Accounting before initiating a wire — using an ACH routing number for a wire can cause the transfer to be rejected or delayed.

This main office of Frb Cleveland - Expense Accounting is located at 1455 E. 6th Street, Cleveland, OH 44111. Frb Cleveland - Expense Accounting operates in the Federal Reserve's Cleveland district, which serves as the regional hub for monetary policy and payment processing in this area.