UK Banking Sort Codes
A sort code is the name given by both the British and Irish banking industry to the bank codes which are used to route money transfers between banks within their respective countries via their respective clearance organizations.
In Ireland it is known as the NSC or National Sort Code and is regulated by IPSO (Irish Payment Services Organisation).
Although sort codes in both countries have the same format, they are regulated by different authorities as each country has its own banking system.
Banks in Northern Ireland can be part of either the British or the Irish clearing system, depending on their country of registration. Also, sort codes for Northern Ireland branches of banks registered in both Northern Ireland and the Republic, are valid, and recognized for use in the Republic. The numbering ranges for both are complementary, but do not overlap.
The sort code, which is a six-digit number, is usually formatted as three pairs of numbers, for example 12-34-56.
It identifies both the bank and the branch where the account is held. In some cases, the first digit of the sort code identifies the bank itself and in other cases the first 2 digits identify the bank.
Although there is a strong correlation between BIC Codes and sort codes, sort codes are not explicitly encoded into BIC codes.
BinDB Sort Codes Database
BinDB offers the most complete and comprehensive SORT Codes database. The SORT Codes database can be integrated in any software system or used as a standalone reference file for verifying banking transactions.
Every company that does financial transactions can benefit from having a SORT Codes database to verify it's payments, minimizing the risk of mistyped or incorrect data.