The sort code 04-29-09 belongs to Revolut.
A sort code is a six-digit number, often presented in three pairs (e.g., 04-29-09), that identifies a specific bank and sometimes a particular branch within the United Kingdom and Ireland. These codes are crucial for directing electronic payments, such as direct debits, standing orders, and bank transfers, to the correct recipient account.
Understanding Sort Codes and Bank Identification
Sort codes serve as a fundamental part of the banking infrastructure, ensuring the efficient and accurate processing of financial transactions. Each sort code is uniquely assigned to a financial institution, allowing the clearing system to route funds appropriately. While some sort codes point to traditional high-street banks, an increasing number are linked to challenger banks and financial technology (fintech) companies like Revolut, which operate primarily online.
Key Sort Code Information
Here's a breakdown of sort codes and their associated financial institutions, including the specific one you asked about:
Sort Code Range | Bank/Financial Service |
---|---|
04-13-17 to 04-13-19 | Contis Financial Services |
04-13-42 | Duesday |
04-29-09 | Revolut |
04-36-14 to 04-36-23 | Griffin Bank |
As indicated, the sort code 04-29-09 is specifically assigned to Revolut. Revolut is a global financial technology company that offers banking services, including current accounts, currency exchange, debit cards, and peer-to-peer payments, all managed through a mobile app. Their operations often leverage sort codes to facilitate local transfers and financial operations within the UK.
For more general information on sort codes and their role in banking, you can consult the Sort code - Wikipedia page.