Kord launches dedicated sort code for UK legal settlements

# Kord launches dedicated sort code for UK legal settlements

> Evidence tier: B1
> Evidence type: industry_reporting
> Source: [The Paypers](https://thepaypers.com/payments/news/kord-launches-dedicated-sort-code-for-uk-legal-settlements)
> Published: 2026-10-09
> Captured: 2026-10-10T01:35:21.801Z

## Source summary

The Paypers reports that Kord launched Kord Custody for eligible regulated UK law firms, using the dedicated sort code 04-10-26. Onboarded firms can identify verified counterparties and transfer client funds outside normal banking hours. Accounts can receive Faster Payments, CHAPS and Bacs payments. The reported round-the-clock service should not be read as a claim that every underlying rail settles instantly at all times.

## Why it matters

The product joins counterparty verification to high-value client-money workflows. Fraud prevention is an intended benefit, not an independently measured outcome or a guarantee that every transfer is risk-free.

## Key numbers

No independently checkable key number was extracted from this report.

## Topics and entities

- Industry lane: Payment infrastructure
- Entities: Kord
- Payment infrastructure

## Evidence and credibility note

Source body read; source claims, event stage and limits remain attributed.

Date evidence: Automatically verified from JSON-LD datePublished: 2026-10-09T11:05:20+00:00

## First-party corroboration

No directly corresponding A1 company announcement is currently linked.

## Original-source traceback

[Open the original The Paypers report](https://thepaypers.com/payments/news/kord-launches-dedicated-sort-code-for-uk-legal-settlements)

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This is a structured Payments Hot Markdown source summary derived from external reporting. Use the original link above to read the publisher's article; copyright remains with the original publisher.