Jump to content

Sort code: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Line 10: Line 10:
=== United Kingdom===
=== United Kingdom===
{{see|List of sort codes of the United Kingdom}}
{{see|List of sort codes of the United Kingdom}}
The numbers are six digits long, usually formatted into three pairs which are separated by hyphens (e.g. 12-34-56). 69-69-69 is my ideal sort code ;)
The numbers are six digits long, usually formatted into three pairs which are separated by hyphens (e.g. 12-34-56). 69-69-69 is my ideal sort code ;) Richard get back to work!!!!


== Interbanking Clearing Number ==
== Interbanking Clearing Number ==

Revision as of 15:07, 10 March 2009

A sort code is a number which is assigned to a branch of a bank for internal purposes. Banks use sort codes as it is easier than writing the full address of the branch out and it tells customers which branch they are at. Also, the sort code(s) (along with the account number(s) must usually be given to make a direct deposit, in order to designate the involved bank branches and allow automatic processing of the deposit.

Some branches contain sub/child branches which will be identified by the parent sort code rather than a unique one.

Most banks print the sort code of a customer's initial branch on debit cards or cheque books. 18-digit debit card numbers may include the sort code between the initial four-digit card type and final eight-digit account number.

A customers sort code will change if moving to another branch

United Kingdom

The numbers are six digits long, usually formatted into three pairs which are separated by hyphens (e.g. 12-34-56). 69-69-69 is my ideal sort code ;) Richard get back to work!!!!

Interbanking Clearing Number

In many countries the central bank or a bankers association assigs a bank code for the purpose of (electronic) clearing of transactions. The actual clearing number is commonly combined from a assigned identification number for the bank company and an a branch number that is under the control of the company. The bank code of a country can be very different to the UK sort code - the first digits of the International Bank Account Number do usually take over the specific sort code for the purpose of international transactions.

See also