Understanding the Industry Sorting Code Directory

The Industry Sorting Code Directory is a comprehensive resource that helps you navigate the complex world of industry codes. It's a crucial tool for businesses, entrepreneurs, and anyone looking to understand the various industries and their corresponding codes.

The directory is organized in a way that makes it easy to find the information you need, with a clear and concise layout that allows you to quickly scan and compare different codes. This is especially useful for those who are new to the industry or need to brush up on their knowledge.

Each industry code in the directory is assigned a specific number, ranging from 100 to 999, which corresponds to a specific industry or group of industries. This numbering system makes it simple to search and find the information you need.

The EISCD is a centralised database of all UK bank sort codes, detailing operational and structural information related to these codes. It's a vital resource for businesses and institutions.

A sort code is a six-digit number that identifies both the bank and the branch where a bank account is held. This makes it a crucial piece of information for verifying banking details and facilitating secure transactions.

The EISCD contains a wealth of information for each sort code, including bank and branch names, payment types supported, and contact information. This makes it a one-stop-shop for all your banking needs.

Here's a breakdown of the types of information you can find in the EISCD:

This directory acts as a comprehensive lookup table for UK sort codes, providing a reliable way to verify banking details and facilitate secure transactions.

The Industry Sorting Code Directory is a game-changer for businesses that process electronic payments. It gives you a fast and easy way to validate sort code details and find bank and branch contact information. This is particularly useful for electronic payment routing, which can reduce the risks and costs of failed payments by ensuring proper payment routing.

Some of the main use cases of our clients include:

With the Industry Sorting Code Directory, you'll have access to extended details about a given branch and institution. This includes Bank Office Identifier (BIC/sort code), branch/bank office title, contact details, and information on which clearing systems each bank office participates in.

The Industry Sorting Code Directory is a valuable resource for businesses and individuals alike. It helps ensure accurate and efficient payment processing by providing a standardized reference for sort codes and associated account information.

Payment validation and efficiency are critical for businesses processing bulk payments or handling payroll, as inaccurate or outdated sort codes can lead to errors and delays. The EISCD helps minimize these risks by cross-referencing banking details with the directory.

Support for multiple payment systems is another key benefit of the EISCD. It helps users identify which bank branches are capable of handling specific payment types, ensuring that transactions are routed through the correct channels.

Inaccurate or fraudulent bank details are a significant risk in financial operations, and the EISCD helps verify the legitimacy of sort codes and associated account information, reducing the potential for fraud.

Here are some common applications of the EISCD:

To classify your business, you'll need to use a Standard Industrial Classification (SIC) code. These codes are used by Companies House to categorize businesses.

The SIC code list is condensed from the full list available from the Office of National Statistics. This condensed list is the only one you should use when filing with Companies House.

Even if your company is dormant, with a code of 99999, or non-trading, with a code of 74990, you'll still need to provide a valid SIC code.