Routing Number 053020202

Routing number 053020202 is assigned to Frb Charlotte Cash Department, a main office located at 1000 Peachtree Street Ne, Atlanta, Georgia 30309. This nine-digit ABA routing transit number identifies Frb Charlotte Cash Department within the Federal Reserve's Richmond district for processing ACH payments, direct deposits, wire transfers, and check clearing.

The first two digits (05) indicate the Federal Reserve Bank of Richmond, digits 3-4 (30) identify the processing center, digits 5-8 (2020) are the institution identifier, and the final digit (2) is a checksum that validates the entire number using the ABA's modulus-10 algorithm.

To set up direct deposit with Frb Charlotte Cash Department, provide your employer with routing number 053020202 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 Charlotte Cash Department'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 Charlotte Cash Department, in the mobile app, or by calling 877-372-2457. 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 053020202 is registered for ACH transactions at Frb Charlotte Cash Department, 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 Charlotte Cash Department 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 Charlotte Cash Department 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 Charlotte Cash Department is located at 1000 Peachtree Street Ne, Atlanta, GA 30309. Frb Charlotte Cash Department operates in the Federal Reserve's Richmond district, which serves as the regional hub for monetary policy and payment processing in this area.