Nationwide Sortcode after switch

MrSilk

My overdraft is with Nationwide and all of my DDs where with Natwest, I wanted to do the switch as it was easier than if I where to change all my DD's (14) and write to Natwest asking for them to close the account.

Yes, all DDs show up in my internet banking, and this is my only account with Nationwide.

Thanks for all your help!

innovate

Might be a good idea to ask Nationwide for an explanation before any DDs bounce.

rb10

MrSilk wrote: »

Hi!

I've had my nationwide account since 2009, the sort-code is 07-44-56 on my card, but on the direct debit confirmations I've got from my credit card provider, virgin media and Orange, it says my sort-code is 07-01-16.

I have no idea why, but Nationwide's 07-44-56 and 07-01-16 sort codes are completely interchangeable. So it doesn't matter which one you or direct debit originators are using; they will both link to your account.

This happens when your account was opened as a basic or youth account (07-44-56 sort code) and later upgraded to a full Visa debit card (07-01-16). Nationwide will start to use the new sort code, but the old one still works.

So it doesn't matter at all that the DD confirmations give a different sort code to your card.

You may well find that your next card, or statements, give the 07-01-16 sort code. Again, this doesn't matter as they are interchangeable.

MrSilk

rb10 wrote: »

I have no idea why, but Nationwide's 07-44-56 and 07-01-16 sort codes are completely interchangeable. So it doesn't matter which one you or direct debit originators are using; they will both link to your account.

This happens when your account was opened as a basic or youth account (07-44-56 sort code) and later upgraded to a full Visa debit card (07-01-16). Nationwide will start to use the new sort code, but the old one still works.

So it doesn't matter at all that the DD confirmations give a different sort code to your card.

You may well find that your next card, or statements, give the 07-01-16 sort code. Again, this doesn't matter as they are interchangeable.

Thank you rb10! :)

iAMaLONDONER

Gizmo247 wrote: »

Let me try to explain to the OP in terms that even Joey Essex might understand.

Your bank sort code is like the area code of a land line telephone number and the account number is like the local number part. If you move areas (e.g. London to Bristol) you are moving to a new area so the area code must change. You will also be assigned a new local number and although it is possible that the same local number is available in the new area it is unlikely that you will get the same number.

Sort codes are not like mobile area codes which stay the same no matter where you are on the planet.

I moved from London to the East Midlands but my sort code hasn't changed!

But I get what you mean! I think the sort code depends on the branch at which you opened your first accouhnt

rb10

iAMaLONDONER wrote: »

I moved from London to the East Midlands but my sort code hasn't changed!

But I get what you mean! I think the sort code depends on the branch at which you opened your first accouhnt

Note that this is an old thread.

However, your sort code would never change just because of you moving house: once it is attached to your account, it'll stay the same until you close the account.

Different banks operate in different ways - at some, your sort code depends on the branch at which you opened the account; at others, it depends on the type of account you hold.

iAMaLONDONER

rb10 wrote: »

Note that this is an old thread.

However, your sort code would never change just because of you moving house: once it is attached to your account, it'll stay the same until you close the account.

Different banks operate in different ways - at some, your sort code depends on the branch at which you opened the account; at others, it depends on the type of account you hold.

Interestingly i opened my lloyds account in London but opened a another one elsewhere but the recent one has the same sort code as the first.

Also what would happen if the branch that you opened was closed (permanently not just for Sundays!?

rb10

iAMaLONDONER wrote: »

Interestingly i opened my lloyds account in London but opened a another one elsewhere but the recent one has the same sort code as the first.

Either that sort code corresponds to a type of account, rather than a geographic area; or because your first account was on sort code 123456 they put your second account on that sort code as well.

There are lots of different ways that banks can allocate sort codes, which are often not related to parts of the country.

iAMaLONDONER wrote: »

Also what would happen if the branch that you opened was closed (permanently not just for Sundays!?

Nothing - why would anything change?

iAMaLONDONER

rb10 wrote: »

Nothing - why would anything change?

Even if the account number is registered to a particular branch?

dzug1

iAMaLONDONER wrote: »

Even if the account number is registered to a particular branch?

Yes - potentially


All that happens is that that sort code, if branch related, is no longer available for use by new accounts. Or if replaced by a new branch, is available for use by that branch. Or possibly another branch if that other branch is running out of usable account numbers. Or - the combinations are many if not endless