• History and Purpose
    • Sort codes were introduced in UK banking system in early 20th century
    • Initially used for manual cheque processing by clearing banks
    • 6-digit sort code introduced in 1957 for automated systems
    • Replaced by IBAN in other countries, called Bankleitzahl in Germany
    Structure and Usage
    • Sort codes are 6-digit numbers in format 08-92-86
    • First two digits identify banking group
    • Last two digits identify specific bank branch
    • More important than account number for money transfers
    Finding and Verification
    • Found on bank statements, cheques, and bank correspondence
    • Can be verified online using sort code checker
    • Best to ask recipient for their sort code
    • IBAN can be used to find account number and sort code
    International Comparison
    • IBAN (International Bank Account Number) used internationally
    • SWIFT system used for UK-to-UK international transfers
    • IBAN can be up to 37 digits long, starting with country letters

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