Bank account numbers are an integral part of banking and are issued to you when you open a new account. However, bank account numbers do much more than just provide you with a number to use! Check out our comprehensive guide to bank account numbers below and learn what they do and how they do it!
What Is a Bank Account Number?
A bank account number is issued to you when you open an account and it works to identify you to the bank so that money can be moved in and out with ease. Every time you open a bank account you are issued with a specific number for that account so that you can have a current account, savings account and many other accounts that are all personal to you and the bank you choose.
How Does it Work?
Your account features an eight-digit bank account number that uniquely identifies it. You must combine your bank account number with your sort code for identification, ensuring maximum account security. This practice enhances protection against unauthorized access and financial fraud.
Does My Bank Account Number Stay With Me Forever?
No, you will be given a specific account number and if you decide to change banks or close your account, then your new account will have a brand new account number. The numbers issued are specific to the bank you are with and cannot be carried over to a new account, different bank, building society or alternative banking solution.
Should I Share My Bank Account Number?
There are some times that it is appropriate to share your bank account number and this is generally when you are organising a payment to a specific person or company or when you are organising receiving a payment from an individual, employer or business. You should never give your account number out without being certain that the person you are speaking to is genuine.
If you suspect someone may be scamming you, the best advice is to hang up and call the company or person directly to avoid falling victim to scams.
I Have Forgotten My Account Number, Where Can I Find It?
If you need to access your account number and have not memorised it, then you will be able to find it on your online banking account, your bank statements and possibly on your bank card. You can also contact your bank on the phone and ask for a reminder to be sent if you do not have access to online banking.
Read our debit card features and functions guide to find where you can find your account number on a Suits Me® debit card.
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