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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 ...
New ring-fencing rules could mean your bank details will change. Here’s what you need to know, what you need to do and how to avoid falling for scammers capitalising on the overhaul.
Almost one million banking customers are being contacted to have their sort codes and account numbers changed asthe UK's biggest banks begin the process of 'ring-fencing' their accounts. The process ...
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 ...
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.
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 ...
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, ...
In response, Nationwide said: "You've received a sort code and bank account number because, from 6th February 2025, Loyalty Saver will be known as Reward Saver.
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.