A SORT Code is a
number code, which is used by British and Irish banks. These codes have six digits, and they
are divided into three different pairs, such as 12-34-56.
These
codes, like many other bank codes, are used to identify the location of the bank where the
account is held. The first two digits are usually bank identifiers. However, in some cases, the
first code may describe the bank as well.
It must be noted that the SORT
code of a bank is integrated and encoded in the IBAN number of the account but not
in the BIC codes of the account. A SORT code is used by banks to identify and
route the money transfers to the respective bank and account.
SORT codes are also
called NSC or National SORT Code in Ireland and are regulated by
the IPSO (Irish Payment Services Organization). A SORT Code in Ireland begins
with the digit “9”.
If a person needs to find the SORT code for
their bank account they can look it up on their bank statements, their bank-issued cards; and
some have the SORT code integrated on their cheque books as well.
SORT codes
are only used in England and Ireland. These codes are used to identify banks and their
respective locations within the country itself. SORT codes, although used in both countries in
a similar manner, are regulated by different bodies in Ireland and England. These codes are not
to be confused with SWIFT codes.
More details
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Sources: Respective company websites
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