Subject Line: Action Required: Retirement of Bankers Almanac UK Sort Codes Electronic File
Dear Customer,
LexisNexis® Risk Solutions has taken the strategic decision to retire the Bankers Almanac (BA) UK Sort Codes Electronic® and upgrade your organization to a more comprehensive Bankers Almanac product. This transition will take place on 31st March 2023.
If you are not the appropriate recipient of this notification, please forward to the teams within your organization who can share this message.
What is changing?
BA UK Sort Codes Electronic is a legacy product and will be retired effective 31st March 2023. Between today and 31st March 2023, we will upgrade customers to a more comprehensive Bankers Almanac solution, working with you to ensure that Bankers Almanac continues to meet the needs of your organization.
Customers will be migrated to either of the options below, depending on use case and choice:
- Bankers Almanac Validate: An API based solution that provides global payments validation and enrichment to enable clients to set-up and make global payments. BA Validate can integrate directly into front-and back-end systems to provide the necessary information.
- For more information on the Bankers Almanac Validate API, go here: https://documents.validate.bankersalmanac.com/
- Bankers Almanac Global Payments File ERP (GPF) – Bankers Almanac Global Payments File provides data for over 21,000 banks worldwide, including SWIFT/BICs, Banks addresses, branch codes and more. GPF allows customers to maintain up-to-date and accurate data to make payments globally, notably in the United Kingdom. This file can be seamlessly integrated with ERP systems. ASCII & XML formats are available.
- For more information on the Bankers Almanac GPF ERP, visit the sites below:
LexisNexis Risk Solutions and Bankers Almanac teams will be available to provide support wherever needed. Over the next few months, LexisNexis Risk Solutions teams will deliver detailed communications outlining all steps necessary to ensure a smooth transition.
What does my organization need to do to prepare?
- Review the documentation for both BA Validate and Global Payments File
- Reach out to your LexisNexis Risk Solutions account manager or uksortcodeshelpdesk@lexisnexisrisk.comfor more information and to discuss which solution is most applicable for your organisation
- Inform your teams and all users of UK Sort Codes Electronic about this change
If you have any questions, contact your dedicated LexisNexis Risk Solutions Account Manager or uksortcodeshelpdesk@lexisnexisrisk.com for more information and support.
Kind regards,
Bankers Almanac Team