Williams & Glyn (RBS England and wales) customers to get new sort codes

Thrugelmir

As long as the UK taxpayer recovers it's debt and sells off it's remaining RBS holding before the SNP win an independence vote who cares. Banking will ultimately regroup into fewer players once the dust settles.

Paul_1977

SnowTiger wrote: »

Dunno.

The Lloyds and TSB merger was relatively recent. Perhaps it's technically more difficult to split the RSB sort codes.

Does it really matter?

You mentioned this is going to cause you a lot of hassle. What hassle is that?

colsten wrote: »

What's the hassle?

Not overly a lot of hassle, but I will have to ring my energy company, and tell them, they tried the switch before and they always want you to ring them to confirm. Lots of companies do.:rotfl:

In fact I don't think it will effect me, so its not any hassle for me, but other customers, I think it would have been easier to leave the sort codes as they were, how many sort codes do they need.

Archi_Bald

Paul_1977 wrote: »

In fact I don't think it will effect me

I agree, it will not effect you. You might be affected, however.

Paul_1977

Archi_Bald wrote: »

I agree, it will not effect you. You might be affected, however.

Its tech Saturday but.

System

No hassle whatsoever. We're going to need new debit cards anyway.When I get a new debit card from any bank the number tends to be different so necessitating a few changes with online retailers and continuous credit authorities.

expansion

It was having to log in twice that made me switch a few months ago.

System

TSB already had it's own range - 87 XX XX
It just didn't move the hangers-on with 77 or 30 sort codes.

Paul_1977 wrote: »

Why is it necessary?, Lloyds TSB did not create new sort codes when carving out TSB.

Paul_1977

Heng_Leng wrote: »

TSB already had it's own range - 87 XX XX
It just didn't move the hangers-on with 77 or 30 sort codes.

What happened to original Williams codes?

Some Lloyds branches which were previously TSB, remained with Lloyds. Some TSB branches which were always Lloyds, went over to TSB.

My local TSB has had the same sort code for 35 years at least. 77 XX XX.

EarthBoy

Paul_1977 wrote: »

What happened to original Williams codes?

Some Lloyds branches which were previously TSB, remained with Lloyds. Some TSB branches which were always Lloyds, went over to TSB.

My local TSB has had the same sort code for 35 years at least. 77 XX XX.

The original Williams & Glyn's sort codes began with 15, 16, or 17, depending which bank they came from before they were merged into W&G.

As (I think) all the old W&G branches which became RBS are now going back to W&G, they could have kept the same sort codes if they'd wanted. For reasons best known to themselves, they've chosen not to do that.

Like you say, Lloyds and TSB didn't change the sort codes when they split into separate banks, so the 30XXXX and 77XXXX codes can be either Lloyds or TSB now. You need the full code to determine which bank it is, not just the first two digits.

The wikipedia article on sort codes is interesting and gives a list of the number ranges for the different banks:

https://en.wikipedia.org/wiki/Sort_code

chambta

Paul_1977 wrote: »

Why?

What a lot of hassle that is going to cause.

To answer your question, we're told that all banks have to have their own unique sortcode prefix. As not all 16xxxx sortcodes are being divested the requirement to do this has been forced rather than chosen.

It will cause very little hassle indeed for customers.