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Glossary

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Recurring External Transfers

Recurring transfers are funds transfers between your Ford Interest Advantage note and one at another financial organization that you want to repeat at regular intervals.

Repeating Payment

Number of instances determines the total number of payments that will be made.

Routing Number

A nine digit bank code which appears on the bottom of negotiable instruments such as checks that identifies which financial institution it is drawn upon. This code is also used to process direct deposits and other automated transfers.