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The Extended Industry Sorting Code Directory (EISCD) is based upon the ISCD and was introduced to provide reference data to support the UK's Faster Payments service. The EISCD contains all data elements found within the ISCD, with the addition of a new section containing Faster Payments clearing information for each UK bank branch.
Sort codes are the domestic bank codes used to route money transfers between financial institutions in the United Kingdom, and formerly in the Republic of Ireland. They are six-digit hierarchical numerical addresses that specify clearing banks, clearing systems, regions, large financial institutions, groups of financial institutions and ultimately resolve to individual branches.
The Electronics Sub-Committee of the Committee of London Clearing Bankers was formed in the late 1950s to consider the automation of cheque-clearing.The committee set up a New Services Working Party in 1965 to examine the possibility of exchanging data between banks without using paper – specifically, the automated exchange of standing order credits.
In May 1911, the American Bankers Association released the codes. [5] The numerical committee was W. G. Schroeder, C. R. McKay, and J. A. Walker. [6] The publisher of the new directory was Rand-McNally and Company. [7] The ABA clearing house codes are like the sub-headings in a decimal outline.
Barclays plc (/ ˈ b ɑːr k l i z /, occasionally /-l eɪ z /) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. [4]
Following after the bank code, a 4-digit number branch code identifier. For a list of Swiss bank codes, see Bank clearing number. Ukraine has 6 digit bank codes. Account number does not include bank code. List of bank codes is available at the site of the National Bank of Ukraine. [2] The UK has a 6-digit sort code.
Applying the decision of Robert Goff J in Barclays Bank Ltd v W J Simms, Son and Cooke (Southern) Ltd [1980] 1 QB 677 the Court of Appeal refused to order restitution of the sums paid. Because the payment was within the customer's mandate it was a duly authorised payment on behalf of the customer.
Clearing Code Bank Name Chinese Name Established Began Operating Publicly Owners 395: Airstar Bank Limited 天星銀行: 13 July 2018 11 June 2020 Xiaomi (90%), AMTD Group (10%) 393: Ant Bank (Hong Kong) Limited: 螞蟻銀行(香港) 16 August 2018 28 September 2020 Ant Financial (100%) 391: Fusion Bank Limited: 富融銀行: 31 July 2018 21 ...