Bank code
Encyclopedia : B : BA : BAN : Bank code
A Bank Code is a code (mostly a number) assigned by a Central Bank, a Bank Supervisory Body or a Bankers Association in a country assigned to all its licensed member banks. The rules vary to great extent between the countries. Also the name of such a code varies. In some countries the bank codes can be viewed over the internet, but mostly in the local language.
Examples
Those countries that have International Bank Account Numbers mostly make use of the bank code in specifying IBAN account numbers.The American Bankers Association has since 1910 used nine-digit routing transit numbers to identify banks in the USA, which are used in the automated processing of cheques.
See also
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