If money is being transferred across international borders, an international network is used. 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.
The SORT Codes database can be integrated in any software system or used as a standalone reference file for verifying banking transactions.
Fields
Each branch or bank office on the ISCD is identified by either a sorting code, BIC (bank identifier code) or both.