The New CBN Initiative requires that you have a sort code before you can receive or transfer funds to some one in Nigeria or abroad.
What is the Sort Code?
A sort code identifies a specific branch of a bank. It has 9-digits. first 3 are the bank's code, the next is the location and the last 5 are for the branch of the bank that you are receiving or
want to send money to.
It is printed on every single checkleaf, the middle set of characters on the MICR line.
The use of sort code is for security purposes as I wonder why we haven't been using such recently in local banking transactions except for international transfers.
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You may also contact your bank for more information to get your branch sort code.