Sort codes are six digit numbers which identify both the bank and the branch where an account is held. Speaking to the British Bankers Association, Bank of England director James Proudman said ...

The UK banking system is undergoing a serious overhaul that early estimates suggest will impact nearly a million customers. New ring-fencing rules mean the UK’s biggest banks need to make changes that ...

Sort codes are six digits numbers that identify where you bank, and at what branch your account is held. This is the code that's changing. If you receive a letter in the post - you don't need to ...

Nationwide responded: "You've received a sort code and bank account number because, from 6th February 2025, Loyalty Saver will be known as Reward Saver. "This change is automatic, ...

A pensioner has been forced to take legal action after a bank withheld his £193,000 inheritance. Peter Teich, 74, from Cambridge gave his solicitor the wrong sort code and the money was ...

To prepare for ring-fencing, banks must move customers from one part of their business to another, and as a consequence, many account holders will have their sort codes changed. Barclays told us that ...

The building society has issued an update to its customers, explaining that a new sort code and bank account number will be automatically issued to some people in 2025. News.

Proudman highlights the change to bank sort codes and the transfer of business accounts to new legal entities as key issues that banks need to address before the ring-fence goes up.

Nationwide responded: "You've received a sort code and bank account number because, from 6th February 2025, Loyalty Saver will be known as Reward Saver. "This change is automatic, ...