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What is the use of Sort Code, National IDs of the Bank and how do I identify them?

April 26, 2017Bank code identify IDs National sort

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What is the use of Sort Code, National IDs of the Bank and how do I identify them?

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Sort Codes, National Ids, or Branch Codes are specific codes allocated to each and every bank/branch so that these banks can easily be located, thereby enabling the efficient transfer of funds. Listed below are a few examples of National Ids. • ABA – American Banking Association – This is a 9-digit number, which is mandatory for all USD transfers within the USA. • BSB – Bank State Branch – This is a 6-digit number used in South Africa, Australia and New Zealand. • Sort Code – This is a 6-digit bank code used for transfers within the United Kingdom.