Kord launches dedicated sort code for legal payments

Kord has launched a dedicated UK sort code for legal transactions to route client bank transfers to law firms and speed reconciliation of client funds.

The sort code provides a single routing number for incoming transfers to Kord’s payments platform. Payments that use the code can be identified and matched automatically to client ledgers, reducing the need for staff to allocate receipts manually.

The code functions within the UK banking system and supports common clearing methods, including Faster Payments, so transfers use the same rails clients and banks already employ.

Kord noted the setup can remove steps such as identifying payer details, matching payments to invoices or matter references, and updating client account records. Firms handling large volumes of client money or frequent third‑party receipts are most likely to see changes to day‑to‑day payment processing.

Kord stated: “The dedicated sort code will make it easier for firms to receive and reconcile client payments, reducing administrative burden and improving safeguards for client money.”

Law firms in the UK must follow client account rules and keep accurate records when holding client money. Bank transfers that lack clear references or that arrive in general accounts can require manual intervention to allocate correctly and to remain compliant. The sort code is designed to provide a consistent destination and clearer routing for payer information to reduce those interventions.

Kord rolled out the service to its customers as part of its payments product. The sort code is available now to eligible customers and can be linked to existing matter management and accounting processes on the Kord platform.