ROUTING NUMBERS
/
WELLS FARGO BANK
/
031000503
Send your business payment fast to WELLS FARGO BANK with zero platform, ACH or wire fees with Rho.*
Routing Number
031000503
Bank
WELLS FARGO BANK
Address
MAC N9301-041
City
MINNEAPOLIS
State
MN
Zip
55479
Phone
See answers to common questions we get about routing numbers.
Yes, an ABA number, bank transit number, and routing number are the same. Originating from the American Bankers Association, these numbers are used interchangeably for payments like direct deposits and bill payments, ensuring your money reaches the right place.
ACH payments and wire transfers sometimes use different routing numbers because they are distinct types of transactions. Banks often reserve separate routing numbers for each to ensure proper processing. For WELLS FARGO BANK in MN, the routing number 031000503 accepts ACH.
ACH transactions typically take 1-3 business days, while wire transfers usually complete within 24 hours. However, the exact timing can vary based on the financial institution's policies.
At Rho, ACHs sent before 2 p.m. EST will land the same day, and those sent after will take 1-3 business days. Wires sent before 4:45 p.m. EST will arrive the same day, with later wires landing the next business day.
If you have more questions, you can check out Rho's help center.
Rho simplifies your business payments by offering a seamless platform for ACH and wire transactions. You can send and receive funds without worrying about fees, as Rho charges no fees for ACH or domestic wire transfers.
Curious about the costs? Check out Rho's pricing for more details.