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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.
It carries all the routing information needed to get a payment from one bank to another wherever it may be; it contains key bank account details such as country code, branch codes (known as sort codes in the UK and Ireland) and account numbers, and it contains check digits which can be validated at source according to a single standard ...
The Industry Sorting Code Directory (ISCD) is the definitive list of bank branches and sub branches in the United Kingdom. The directory is maintained by VocaLink on behalf of UK Payments Administration (formally APACS ).
[c] If Montreal is 00011-001 then the next site (First Canadian Place Toronto) is 00022-001, with 00012-001 remaining permanently unassigned. Likewise, the electronic routing number for a branch of either TD Bank or BMO will start with a 0 , followed successively by the 3-digit institution number, the 4-digit branch number, and the single-digit ...
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Ireland uses a 6-digit sort code followed by an 8-digit account number similar to and partially integrated with the UK system. The first two digits of the sort code identify the bank (90-xx-xx = [Bank of Ireland], 98-xx-xx = [Ulster Bank], for example) and the last 4 identify the branch. There is an exception with 99-xx-xx - these codes are ...
From Wikipedia, the free encyclopedia. Redirect page. Redirect to: Sort code#List of sort codes of the United Kingdom; Retrieved from "https: ...
In 2010, it sponsored the Sort Code Validation Accreditation Scheme (SCVAS), which aimed to improve the distribution and validation of bank reference data within the UK payments industry. This was to be achieved via commercial providers offering products and services to verify sort codes used in electronic payment processing. [4]