Santander Uk Plc Santander 720200 Sort Code - 720200 Information.
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| Bank Name | Santander Uk Plc |
| Branch Name | Santander 720200 |
| Sort Code | 720200
Equivalent Sort Code with Dashes: 72-02-00 Equivalent Sort Code with Spaces : 72 02 00 |
| Branch Address / Communication Address | Carlton Park, Leicester, LE9, 5XX |
| City | Leicester |
| View Branch Location on Google Map | |
| Phone No. | |
| Fax No. | |
| Branch Authroized for Transaction Types | |
| BACS Direct Debits | Bacs Direct Debits can be set up on this sort code. |
| Faster Payments | Faster Payments can be sent to this sort code. |
| CHAPS Payments | CHAPS Payments can be sent to this sort code. |
| C&CCC Payments | Eligible for Cheque & Credit Clearing. |
| BACS Credit Payments | Bacs Credit payments can be sent to this sort code. |
| Website | www.santanderbank.com |
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What is United Kingdom Banks Sort Codes?
In United Kingdom & Ireland, each Bank Branch has been allotted a 6 digits unique code. This 6 digits code is called Sort Code. Sort Code is used to uniquely identify a Bank Branch.
Purpose of United Kingdom Banks Sort Codes
Sort Codes are used in United Kingdom and Ireland by Banks to transfer payments from one Bank Account to another Bank Account, within a Bank Branch or between a Bank's different branches or between different Banks.
How to find Your Bank Accounts Sort Codes
Your Bank Account Sort Code is printed on your Cheque Book. You can also find your Bank Account Sort Code in your Banks Mobile APP or Web Application. Login to your Bank's Mobile APP or Web APP and you will see six digits no. which is your Bank Account Sort Code. Your Bank Account Sort Code is also included in IBAN No. In United Kingdom IBAN Numbers, check Character 9 to 14 from left, which is your Bank Account Sort Code. In United Kigdom each Bank Branch has one Sort Code, means all the Bank Accounts of a Branch have same Sort Code.
What is CHAPS?
Clearing House Automated Payment System (CHAPS) is a real time Gross Settlement System used for Payment Transfer in United Kingdom. Chaps payments are initiated by the payer Banks to transfer payment to payee's Bank. CHAPS transactions are credited same day to the Payee's Account. CHAPS services are available to the customers from 06.00 to 16.20 from Monday to Friday, excluding Holidays
What is BACS?
Bankers Automated Clearing System (BACS) is a common way to send money electronically between banks. BACS payments typically fall into one of two categories - Direct Debits where money is taken from an account as per the Direct Debit instructions and Direct Credit Payments; where money is paid into an account, such as in the cases of salaries, pensions and welfare payments. BACS payments take 3 working days to clear and is best for recurring payments.
What is FASTER Payments?
Payments transferred through Faster networks are processed immediately and payment is available in the payee's account instantly. Payer can initiate transactions through his mobile phone, online Banking or telephone banking to transfer payment to payee's account. Faster Payment has a upper limit of 250K Ponds.
What is C&CCC Payments?
Cheque & Credit Clearing Company (C&CCC) processes cheques and credit notes issued by the payer to the payee. Payee presents the cheques issued by the payer to his Bank Branch for crediting his account. Payee's Bank present the cheque to payer Bank through Cheque & Credit Clearing Company Network in the form of the image. Payer Bank matches the Information on the cheque and debit payer account with the amount of the cheque and send response to the payee's Bank for crediting Payee's account. Payer Bank can also reject the Cheque presented by Payee's Bank, for signature of the Payee not matching as per Bank Record or if there is any overwritting on the Cheque.