Also the name of such a code varies. UK clearings systems:
UK Clearing systems
BACS: Bulk electronic clearing
CHAPS Sterling: High value, same day sterling payment clearing
CHAPS Euro: High value, same day euro payment clearing
Cheque and Credit Clearing: Cheque clearing for Great Britain & Northern Ireland.
To overcome these difficulties, the European Committee for Banking Standards (ECBS) developed the IBAN which was later adopted as an international standard under ISO 13616:1997. All bank offices participating in the CHAPS Euro service must have a BIC , however not every bank office with a BIC necessarily participates in CHAPS Euro.
It identifies both the bank and the branch where the account is held.
| Bank Name | Sort Code | City | Address & Info |
|---|---|---|---|
| COPLEYS BANK | 700907 Equivalent Codes: 70-09-07 70 09 07 | London | 13 KING STREET Dauntsey Hse, 4B Frederick Place, EC2R 8AB, Phone: (20) 76061101, London England |