A Citibank routing number for New York is a unique nine-digit code that identifies the bank and the specific branch where an account is held. For instance, the routing number for Citibank’s branch at 399 Park Avenue in New York City is 021000089.
This routing number is crucial for various financial transactions, including electronic fund transfers, direct deposits, and check processing. It ensures that funds are sent to the correct bank and account. Historically, the introduction of routing numbers has streamlined the banking system, facilitating efficient and accurate financial transactions.