If you get your new sort code and need to set up a new PAYE, you should also use your new details, but if you forget then that's fine - as old sort codes will continue to work for three years.

Almost one million banking customers are being contacted to have their sort codes and account numbers changed asthe UK's biggest banks begin the process of 'ring-fencing' their accounts. The process ...

This means they will be making changes during 2017 and 2018. Why is Barclays changing my sort code? To prepare for ring-fencing, banks must move customers from one part of their business to another, ...

This involves issuing new sort codes to some customers - but not everyone. Ring-fencing rules only apply to banks with more than £25 billion of personal and small business deposits.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. My financial adviser put the wrong bank sort code on forms for my investment company, resulting in £2,000 ...