I'm wondering if banks in the United States use sort codes like they do in some other countries. I know in places like the UK, sort codes are common, but I'm not sure about the US.
6 answers
CryptoGuru
Thu Oct 31 2024
The sort code serves as an identifier for UK banks.
KimonoSerenity
Thu Oct 31 2024
In the US, the routing number helps direct the transfer within the domestic banking system.
SamuraiCourageous
Thu Oct 31 2024
Domestic bank transfers within the US specifically rely on the routing number.
GwanghwamunGuardianAngel
Thu Oct 31 2024
When transferring funds to a UK-based account, a sort code is necessary.
Margherita
Thu Oct 31 2024
Similarly, for money transfers to a US-based account, a routing number is required.