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. Some branches have subbranches, also know as non-accounting branches. Sorting code and BIC allocation
Members have ranges of sorting codes that they can allocate to bank offices. 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. Whilst every effort is made to provide accurate information, users acknowledge that we accepts no liability what so ever with respect to its accuracy.
Although sort codes in both countries have the same format, they are regulated by different authorities as each country has its own banking system.