08-32-10 Sort Code Bank Name

3 min read Jul 11, 2024
08-32-10 Sort Code Bank Name

08-32-10: Unraveling the Sort Code and Associated Bank Name

In the UK, sort codes are a crucial component of payment transactions, ensuring that funds are directed to the correct bank account. One such sort code is 08-32-10, which is associated with a specific bank name. In this article, we will delve into the details of this sort code and explore the bank name linked to it.

What is a Sort Code?

A sort code is a six-digit number, usually formatted as XX-XX-XX, used to identify a specific bank branch in the UK. It is typically required for various financial transactions, including domestic and international transfers, direct debits, and standing orders. Sort codes are assigned by the British Bankers' Association (BBA) and are used in conjunction with a bank account number to facilitate seamless transactions.

08-32-10 Sort Code: Bank Name Association

The sort code 08-32-10 is associated with the Coventry Building Society. This building society, established in 1884, is a mutual organization that provides a range of financial services, including savings accounts, mortgages, and insurance products. Coventry Building Society is headquartered in Coventry, West Midlands, and operates a network of branches across the UK.

Using the 08-32-10 Sort Code

If you need to make a payment to an account held with Coventry Building Society, you will require the following information:

  • Sort Code: 08-32-10
  • Account Number: (the recipient's account number)
  • Account Name: (the recipient's account name)

Please note that you should always verify the sort code and account details with the recipient before initiating a payment.

Conclusion

In conclusion, the sort code 08-32-10 is linked to the Coventry Building Society. Understanding the significance of sort codes and their association with specific bank names is essential for efficient and accurate financial transactions. Remember to always double-check the sort code and account details before making a payment to ensure that your funds reach the intended recipient.

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