Are you looking for the full sort code for United Bank for Africa, Ghana? Are you perturbed about how to get UBA sort code? Don’t worry we are here to guide you with all the details on what a UBA sort code is and how to get all the branches and their sort codes.
UBA Ghana has so many branches across the country. For smooth transaction reasons and data, each of their branches has been given a unique code that is used to identify each branch.
More times, we hear about sort code, and those who are new to it always ask “what is sort code”?
I guess you are one of those who want to know about UBA sort code, what it does, and how you can get it, then you have come to the perfect portal.
Sort codes are very important in banking, but normally, customers do not need them more regularly, so anytime you will have to produce them, it becomes a big problem for many.
However, if you are a UBA Bank customer in Ghana, you must know your bank branch sort code. In this post, we will give you all the sort codes for United Bank for Africa, specifically Ghana branches.
Please check below to find more information on UBA sort codes.
WHAT IS UBA SORT CODE
To facilitate the efficient clearing and settlement of interbank paper payment instruments throughout the Country. Cheques and other paper payment instruments were standardized to make UBA amenable to automated processing. The standardization included dividing the country into 11 clearing zones, with each zone having its clearing house; assigning a 6-digit unique sort code to each bank branch; and MICR-encoding paper payment instruments presented to the clearing house. A 6-digit unique sort code is also printed on all paper payment instruments.
COMPONENT OF A SORT CODE
The sort code was developed to facilitate the clearing and settlement of interbank payment instructions according to the clearing zone within which the paying bank is located, as the case may be.
The 6-digit sort codes are allocated based on pre-defined criteria to identify the UBA bank, the clearing zone in which a UBA bank branch is located and the branch number of the bank.
Consider the sort code 01-02-03
– The first two digits (01) represent the bank’s code
– The second two digits (02) represent the code of the clearing zone within which the branch of the bank is Located
– The last two digits (03) represent the branch’s code.
WHAT DOES SORT CODE DO?
UBA sort code is used to identify a branch and also where a bank account was opened.
Due to security reasons, the Central Bank of Ghana has imposed on each bank to give an identity code to all their branches.
Therefore, the identification code of every branch is called the sort code, and it is also called the Routing Number.
LIST OF UBA GHANA SORTCODES