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 ...

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 ...

But it's recommended that if you have your sort code changed, you tell your employer so that they have the most up-to-date information. If you get your new sort code and need to set up a new PAYE ...