Know Your SunTrust Bank Routing Number

SunTrust Bank Routing Number RoutingNumberUSA

What is SunTrust Bank Routing Number?

Being a customer of SunTrust Bank, a person needs the SunTrust Routing Number to make their transactions. Banks and cashiers use routing numbers to recognize the financial institution behind transaction. No transaction, whether online or offline, can happen without a routing number. The American Bankers Association designed the routing number system in 1910. The number system is in use since then. This article deals with questions like how to find out SunTrust Bank routing number or what is the routing number for SunTrust Bank?

SunTrust Bank Routing Number RoutingNumberUSA

The table given below shows all SunTrust Bank Routing Numbers.

SunTrust Bank ABA Routing Transit Numbers (RTN)

Here is the state wise list of SunTrust Bank Routing Number for Checking Account and Savings Account.
S No.Region/StatePostal AbbreviationRouting Number
1FloridaFL061000104

What is an ABA Routing Number?

ABA Routing Number has nine-digits. It is found at the bottom left corner of your check. As a banker, you can use a routing number to identify the financial institution behind a transaction. All transaction done through ACH and wire also use the routing number system. The Federal Reserve Bank depends on ABA routing number system to process Fedwire fund transfers. The Automated Clearing House also uses routing number system to process bill payments, direct deposits and other transfers.

The ABA routing number, as we know, came into being in 1910.  The American Bankers Association was behind its designing and implementation. The Association then tied up with several registrars over the years to manage this system. Currently, Accuity manages the routing number system and assigns them to financial institutions.

ABA Routing Transit Number (RTN) RoutingNumberUSA

 

There are currently 26,895 active routing numbers in use. According to Routing Number Policy, a financial institution can have only 5 routing numbers. But as there are a number of mergers taking place between different banks, a financial institution can have more than 5 routing numbers. Routing Numbers may differ depending on where you opened your account. It also depends on the type of transaction you make.


What’s the SunTrust Bank SWIFT Code?

When it comes to international transactions, SunTrust Bank uses Swift Code to make these transactions. Financial institutions use these special codes to make international transactions.

The SWIFT Code for SunTrust Bank is- SNTRUS3A

What is a SWIFT Code?

SWIFT Codes and Routing Numbers are similar and function in almost a similar fashion. They serve the same purpose of identifying a financial institution behind a transaction. However, Financial Institutions use SWIFT Codes for international transactions only. SWIFT Codes are also called Business Identifier Codes or SWIFT-BIC. The acronym stands for Society for Worldwide Interbank Financial Telecommunication. The International Organization for Standardization or ISO  has approved the SWIFT Code system. The code system is sometimes also know as Business Entity Identifier or BEI.

The SWIFT Code consists of 8 to 11 characters and is also called:

  • CHIPS (Clearing House Inter-Bank Payment System) – US and Canada only
  • NCC (National Clearing Code)
  • BSC (Bank Sort Code)
  • IFSC (Indian Financial System Code)

Things To Know About SunTrust Bank

One can trace SunTrust Bank’s history to 1911 when it predecessor, The People’s National Bank, came into being. After a number of mergers with other Orlando banks in 1973, it became Sun Banks. SunTrust had a long-standing relationship with Coca Cola. It all started when it bought the Coca Cola company in 1919 for $25 million and restructured it. The original copy of Coca Cola’s formula was stored in a safe deposit box of SunTrust Bank from 1925 to 2011. It was eventually moved to a purpose built vault in the World of Coca-Cola, in Atlanta.

In 2001, SunTrust Bank acquired an investment banking unit from Citigroup. Citibank is the consumer division of financial services multinational Citigroup. However, you need Citibank Routing Number to make any monetary transactions.  SunTrust Bank suffered losses and therefore, decided to closed many branches in 2013. Similarly, Bank of America did that too, even being one of the Big Four banks in the US.  You also need the Bank of America Routing Number to make any monetary transactions with the bank.

SunTrust Bank operates three primary business units:

  • Consumer Banking & Private Wealth Management
  • Wholesale Banking, and
  • Mortgage

SunTrust Bank ABA Routing Number RoutingNumberUSA

Its headquarter is in Atlanta, Georgia and its address is-

SunTrust Plaza, 303 Peachtree Street Northeast
Atlanta, GA 30308-3201