Every company that does financial transactions can benefit from having a SORT Codes database to verify it's payments, minimizing the risk of mistyped or incorrect data.
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Each branch or bank office on the ISCD is identified by either a sorting code, BIC (bank identifier code) or both. If money is being transferred across international borders, an international network is used. For a quick search the side bar contains the main search tool. The checksum enables the initiator of any transaction to perform a sanity check of any specified bank account number on their own computer prior to actually initiating a request. It is increasingly important that we are able to make automated payments smoothly and efficiently.