Bank code

From Wikipedia, the free encyclopedia

A Bank Code is a code (mostly a number) assigned by a Central Bank, a Bank Supervisory Body or a Bankers Association in a country assigned to all its licensed member banks. The rules vary to great extent between the countries. Also the name of such a code varies. In some countries the bank codes can be viewed over the internet, but mostly in the local language.

[edit] Examples

Those countries that have International Bank Account Numbers mostly make use of the bank code in specifying IBAN account numbers.

The American Bankers Association has since 1910 used nine-digit routing transit numbers to identify banks in the USA, which are used in the automated processing of cheques.

Australia has a six-digit prefix to a bank account number that indicates the bank and branch of the account. The prefix is known as the "Bank State Branch" or BSB code.

The UK uses a six digit "sort code".

[edit] See also

• Sort code
• List of Sort Codes of the United Kingdom

[edit] External links