Lesson plan
Industry Sorting Code Directory
The Industry Sorting Code Directory (ISCD) is the definitive list of bank branches and sub branches in the United Kingdom. The directory is maintained by VocaLink on behalf of UK Payments Administration (formally APACS). The ISCD contains the sort code, SWIFT Bank Identifier Code (BIC), payment information, clearing information and contact details for all bank branches and sub-branches involved in the UK payment clearing system. The ISCD is used by organisations to check the validity of sorting codes, which, combined with modulus checking of the bank account number and sorting code, is essential for successful Direct Debit and BACS Credit transactions. The information contained within the ISCD is subject to frequent changes. To ensure that organisations have access to accurate information, VocaLink updates the ISCD once a week and makes it available to download. To obtain the ISCD, organisations must register with VocaLink or one of its official ISCD distributors.
Article summary
The Industry Sorting Code Directory (ISCD) is the definitive list of bank branches and sub branches in the United Kingdom. The directory is maintained by VocaLink on behalf of UK Payments Administration (formally APACS). The ISCD contains the sort code, SWIFT Bank Identifier Code (BIC), payment information, clearing information and contact details for all bank branches and sub-branches involved in the UK payment clearing system. The ISCD is used by organisations to check the validity of sorting codes, which, combined with modulus checking of the bank account number and sorting code, is essential for successful Direct Debit and BACS Credit transactions. The information contained within the ISCD is subject to frequent changes. To ensure that organisations have access to accurate information, VocaLink updates the ISCD once a week and makes it available to download. To obtain the ISCD, organisations must register with VocaLink or one of its official ISCD distributors.
Key claims
No claims recorded.
Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
No sources recorded.
Key claims and bibliography are generated from the same tracked claims and sources as the article page.