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Halifax (previously known as Halifax Building Society and colloquially known as The Halifax) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group. It is named after the town of Halifax, West Yorkshire, where it was founded as a building society in 1853.
Bank of Scotland (Ireland) Limited was formed in 2000; it was re-branded as Halifax in 2006 and, in 2010, the Irish operation was wound-down. [3] In 2013, the Dutch branch of Bank of Scotland, which had been established in 1999, transitioned to the Lloyds Bank brand, while a German branch, established in 2008, continues to trade as Bank of ...
Park Row Leeds branch of Lloyds Bank, with a sculpture of the black horse (called Cancara) in the foreground. In 1995, Lloyds Bank plc merged with TSB Group plc, forming Lloyds TSB Group plc. [14] In 2000, the group acquired Scottish Widows, a mutual life-assurance company based in Edinburgh, in a deal worth £7 billion. [15]
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The bank was formed from the existing business of Lloyds TSB Scotland plc, into which a number of Lloyds TSB branches in England and Wales and all branches of Cheltenham & Gloucester were transferred, [3] and renamed TSB Bank plc.
The sort code is usually formatted as three pairs of numbers, for example 12-34-56. It identifies both the bank (in the first digit or the first two digits) and the branch where the account is held. [1] Sort codes are encoded into International Bank Account Numbers (IBANs) but are not encoded into Business Identifier Codes (BICs).
In 2007, Halifax announced the launch a personal current account paying 10% interest on credit balances up to €2000 to customers lodging €1500 or more per month. [4] The bank further announced that it was the first in Ireland to offer a Visa Debit card rather than the Laser debit card issued by other Irish banks back then, which had ...
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