Does sort code 09-01-25 exist?
Discussion
Long story short, a firm of solicitors had to send me some money. I gave them my bank details for a BACS transfer, but I mis-typed my sort code in my original email to them. The account number and associated account name were correct.
The solicitors made the BACS transfer to the details I provided, seemingly without error; they have provided me with a screen shot of the transaction.
After the funds had not arrived and my error was identified the solicitors requested a recall. They have advised that process can take up to 20 days, although there is no guarantee that the monies will be returned. Lovely.
I spoke with my bank (Santander) who advised that sort code 09-01-25 does not exist and so in their view the transaction should have failed. The solicitors do not see a return for a failed transaction.
Can anyone on here advise whether sort code 09-01-25 actually exists somewhere?
Currently a waiting game for news. To say that I am in the dog house with my wife is something of an understatement. Any advice or guidance gratefully received.
The solicitors made the BACS transfer to the details I provided, seemingly without error; they have provided me with a screen shot of the transaction.
After the funds had not arrived and my error was identified the solicitors requested a recall. They have advised that process can take up to 20 days, although there is no guarantee that the monies will be returned. Lovely.
I spoke with my bank (Santander) who advised that sort code 09-01-25 does not exist and so in their view the transaction should have failed. The solicitors do not see a return for a failed transaction.
Can anyone on here advise whether sort code 09-01-25 actually exists somewhere?
Currently a waiting game for news. To say that I am in the dog house with my wife is something of an understatement. Any advice or guidance gratefully received.
k up
Jakg said:
Thank you for the link. That result would suggest that the transaction should have failed, yet I have a screen shot of a completed BACS transfer confirmation...
The sort code doesn't exist in the latest EISCD file. There is no branch or account behind it so the woman at Santander is correct. The screenshot posted above is probably just showing Santander based on parsing the first bit of the sort code as the 09-00 to 09-19 range is allocated to them (originally Abbey National to be precise 
). Usually what would happen if the sort code is correct but the account number or payee name mismatch is that it would go into the recipient bank's holding account if they can't allocate it. Theoretically it should automatically return to the sending account after a certain period but this doesn't always happen, particularly if it's a large sum as it triggers AML flags. In your case as the sort code was wrong and doesn't exist then you need to refer it back to your solicitor to investigate. It is true that it will likely show on their screen as sent OK but without a valid sort code it will be bouncing around in their bank's system and will (should) eventually bounce back to their account. If the amount is over £10k then expect delays. See if you can get the sol to ring their business bank account manager and explain the situation as they'll be in the best position to speed up the progress.
). Usually what would happen if the sort code is correct but the account number or payee name mismatch is that it would go into the recipient bank's holding account if they can't allocate it. Theoretically it should automatically return to the sending account after a certain period but this doesn't always happen, particularly if it's a large sum as it triggers AML flags. In your case as the sort code was wrong and doesn't exist then you need to refer it back to your solicitor to investigate. It is true that it will likely show on their screen as sent OK but without a valid sort code it will be bouncing around in their bank's system and will (should) eventually bounce back to their account. If the amount is over £10k then expect delays. See if you can get the sol to ring their business bank account manager and explain the situation as they'll be in the best position to speed up the progress.
funinhounslow said:
MikeStroud said:
I always send £1, check they got it then send the balance.
The OP is receiving not sending the fundsJust to conclude my own thread, in case it assists anyone in the future...
Things panned out as Lemming Train suggested; as I had given a fictitious sort code the funds dropped into a holding account at the BACS clearing centre.
From the initial transaction to the return of the funds to the source account was 55 calendar days.
Things panned out as Lemming Train suggested; as I had given a fictitious sort code the funds dropped into a holding account at the BACS clearing centre.
From the initial transaction to the return of the funds to the source account was 55 calendar days.
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