A “Bank of America routing number California” is a nine-digit code that identifies the specific bank and branch where an account is held and facilitates the transfer of funds between financial institutions. For example, the routing number for Bank of America’s branch in Los Angeles, California, is 121000024.
Routing numbers are essential for a variety of financial transactions, including direct deposits, wire transfers, and bill payments. They ensure that funds are sent to the correct recipient and help prevent fraud. Historically, the Federal Reserve assigned routing numbers to banks in the 1910s to streamline the check clearing process.