Before IBAN, users, especially individuals and small businesses (SMEs), used to be confused by the differing national standards for bank account identification such as bank, branch, routing codes and account number. The SORT Codes database can be integrated in any software system or used as a standalone reference file for verifying banking transactions.
The Sort Code Checker uses the latest industry data, which is updated weekly, in line with industry practice.
The Payments Council has also introduced a best practice recommending businesses and banks refresh their reference data weekly; whilst smaller businesses should ensure their data is updated at the very least on a monthly basis.
Does the number of characters in the IBAN correspond to the number specified for this country?
The EISCD is updated weekly, and is available on a subscription basis from VocaLink.