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The sort code is usually formatted as three pairs of numbers, for example 12-34-56. It identifies both the bank (in the first digit or the first two digits) and the branch where the account is held. [1] Sort codes are encoded into International Bank Account Numbers (IBANs) but are not encoded into Business Identifier Codes (BICs).
Santander UK plc ( UK: / ˌsæntənˈdɛər, - tæn -/, US: / ˌsɑːntɑːnˈdɛər /) [3] is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance. Santander UK is one of the leading personal financial services ...
Faster Payments. The Faster Payments Service ( FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically a few seconds, from the three working days that transfers usually take using the long-established BACS system. CHAPS, which was introduced in 1984, provides a limited faster ...
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 ). The ISCD contains the sort code, SWIFT Bank Identifier Code (BIC), payment information, clearing information and contact ...
— Santander UK (@santanderuk) January 31, 2024 The group reported a 13% rise in annual pre-tax profits to £2.1 billion for 2023, up from £1.9 billion in 2022.
Up to £20 cashback per month will be available with Santander Edge and a linked savings account will also offer 4% interest on balances up to £4,000. ... HSBC UK and Nationwide Building Society ...
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