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Sort codes are the domestic bank codes used to route money transfers between financial institutions in the United Kingdom, and formerly in the Republic of Ireland. They are six-digit hierarchical numerical addresses that specify clearing banks, clearing systems, regions, large financial institutions, groups of financial institutions and ultimately resolve to individual branches.
A chart of accounts (COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are coded by ...
The number of payments passing through the Bacs system topped six billion for the first time the following year, with a value of £4.6 trillion. The number of direct debits processed in 2015 increased by 239 million over the 2014 total. [16] A record 103 million transactions were processed in a single July 2015 day.
In Zimbabwe, Central Africa Building Society (CABS) is the leading building society offering a diverse range of financial products and services that include transaction and savings accounts, mobile banking, mortgage loans, money market investments, term deposits and pay-roll loans.
The Building Societies (Funding) and Mutual Societies (Transfers) Act 2007 (c. 26) (sometimes referred to as the Butterfill Act) is an act of Parliament of the Parliament of the United Kingdom. The act gives building societies greater powers to merge with other companies.
BS 83 Standard of Reference for Dope and Protective Covering for Aircraft; BS 84 Report on Screw Threads (British Standard Fine), and their Tolerances (Superseding parts of Reports Nos. 20 and 33) BS 85 Steel for aircraft for Government purchases in the U.S.A; BS 86 Report on Dimensions of Magnetos for Aircraft Purposes
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Nationwide Building Society is the largest retail bank in the United Kingdom (by number of branches), [2] and the world's largest building society, serving over 16 million members. [3] It operates as a British mutual financial institution, meaning it is owned by and run for the benefit of its members.