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Clearing Code

A Clearing Code is a country-specific national bank routing identifier used to clear domestic payments within local central bank net-settlement architectures. Examples include Sort Codes in the UK, ABA routing numbers in the US, and BSB codes in Australia.

Aliases: routing code, national clearing code

Related terms

Sort Code

A Sort Code is a 6-digit clearing identifier used by British and Irish banks to route domestic transactions through loca...

ABA Routing Transit Number

An ABA Routing Transit Number (RTN) is a 9-digit numerical code assigned to financial institutions in the United States,...

IFSC (Indian Financial System Code)

The Indian Financial System Code (IFSC) is an 11-character alphanumeric clearing code used by the Reserve Bank of India ...

BSB Code (Bank State Branch)

A Bank State Branch (BSB) code is a 6-digit clearing identifier used in Australia to identify the specific bank, state, ...

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