GSoC project discussions

[Prasun Kumar]

>
> The changes every quarter are caused e.g. by mergers of banks. Say two
> large banks
> A and B merge their businesses leaving A, then over time all subsidiaries
> of B which
> contain a sort code on their own either get a brand new one or use the one
> of the local
> subsidiary of A. Another cause could be that the subsidiaries are merged
> into a
> single sort code, as it seems the case here for most entries
>

Thank you. This is what I was looking for.
On Sun, 17 May 2020, 10:20 Thomas Baumgart, <thb at net-bembel.de> wrote:

> Prasun,
>
> On Sonntag, 17. Mai 2020 06:25:01 CEST Prasun Kumar wrote:
>
> > Hi everyone,
> > Can someone clarify *why* there are multiple deletions in every quarter
> in
> > the bank sort codes? I am unfamiliar with the banking rules of Germany
> and
> > did not find any helpful info on the bank's website.
>
> What you refer to as 'the bank' is not a bank in the normal sense, but is
> the
>
> ---8<---
> Central bank of the Federal Republic of Germany
>
> The Deutsche Bundesbank is the independent central bank of the Federal
> Republic
> of Germany. Eurosystem monetary policy is the Bundesbank's core business
> area.
> Other core business areas include the financial and monetary system,
> banking
> supervision, cashless payments and cash operations.
> ---8<---
> Source: https://www.bundesbank.de/en/tasks
>
>
> The changes every quarter are caused e.g. by mergers of banks. Say two
> large banks
> A and B merge their businesses leaving A, then over time all subsidiaries
> of B which
> contain a sort code on their own either get a brand new one or use the one
> of the local
> subsidiary of A. Another cause could be that the subsidiaries are merged
> into a
> single sort code, as it seems the case here for most entries
>
>
> https://www.bundesbank.de/resource/blob/602624/ef3166868ccc56aad5af1b2e3a419217/mL/blz-loeschungen-neu-data.pdf
>
>
> I would not worry about the number of removals here. They just happen and
> you resp.
> your software needs to be aware of it and deal with the fact.
>
> Hope that helps and explains it a bit.
>
> --
>
> Regards
>
> Thomas Baumgart
>
> https://www.signal.org/       Signal, the better WhatsApp
> -------------------------------------------------------------
> Cheaper is more expensive -- thb
> -------------------------------------------------------------
>
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