At present, anyone wanting to transfer money enters the intended recipient's name, account number and sort code. However ... banks will be able to check the name on the account of the person ...

Around one million customers will have their sort codes changed by 2019 in a bid to prevent another financial crisis THERE has been confusion over the new sort code changes that are currently ...

A new 'confirmation of payee' safety measure will allow you to check exactly who you are transferring ... the recipient's account number and sort code. You can also send over their name, though ...

Santander has stated that its customers will not be issued with new account numbers or sort codes, but states on its website that 'if you bank with another of the larger UK banks, the details of any ...