- In Every check we have numbers, they are :
- Routing Number
- Account Number
- Check Number
1.Routing Number :
- The first group of numbers on the lower left corner of a check is the routing number
- Routing numbers also called as transit numbers.These are public and may vary based on the region where you opened your account.
- Routing numbers are 9-digit codes and the character symbol surrounding the numbers is not part of the routing number on a check.
- The second set of numbers following the character symbol immediately after your routing number is your account number.
- To determine your account number, simply choose the longer number.
- The check account number is private and unique to your bank.
- The Check number is usually the last set of numbers on your personal check.
- They’re the shortest set of numbers on the check.
- It helps you to keep the track of which check you are writing.
- Issuer Number
- The first digit of the credit card is issuer number.
- Some Issuer numebers :
- 3 for Travel or Entertainment.
- 4 & 5 for Banking and Financial
- 6 for Merchandizing and Banking
- Bank Number
- It is used to identify the bank.
- Account Number
- It is used to identify the personal(individual) accounts.
- Check Digits
- The final digit of your credit card number is check digit or check numbe.r
- It can be used to validte account numbers.
- Bank branding : This tells you which card you have.Simply Bank name or bank logo.
- Card number : It is a 16 digit number contains bank issuer,account number and check digit These are used when making a purchase online or by phone.
- Cardholder’s name : This is the name of the authorized card holder.
- Smart chips :Make cards more secure than traditional magnetic-stripe-only cards. They make it harder for thieves to use stolen credit card numbers.
- Expiration date :This tells how long it will validate.you’ll need to replace your card.
- Payment network logo : This tells you what type of card you have. Common examples include MasterCard, Visa, and Discover.
- Magnetic stripe : This black strip contains information about your name, card number, expiration date, and other details.
- Hologram : These are security features which help merchants identify valid cards – they’re not easy to fake.
- Bank contact information : If you need to get in touch with your bank, use the contact information on the back of your card.
- Signature panel : Your card must be signed before you can use it, so sign your name in this area. This is a requirement from card issuers, and merchants should also verify that you’ve signed the card.
- Security codes : These are used to ensure that you have a original card.Security codes might be referred to as CVV, CVV2, CVC, CSC, CID, or similar.
- Network logos :These logos can help you figure out which ATMs you can use for free.