IBAN BACKGROUND INFORMATION AND IMPLEMENTATION GUIDE PER COUNTRY

  1. General IBAN Information

    What is an IBAN?

    IBAN stands for International Bank Account Number. It is the ISO 13616 international
    standard for numbering bank accounts. In 2006, the International Organization for
    Standardization (ISO) designated SWIFT as the registration authority for ISO 13616.

    Why is IBAN needed?

    IBAN is the only beneficiary account identifier recognized and accepted by banks in the European Union and European Economic Area for wire payments in Single Euro Payments Area (SEPA).


    Use

    The IBAN facilitates the communication and processing of cross-border and / or wire
    payment transactions. It allows exchanging account identification details in a machine-
    readable form.

  2. The ISO 13616 IBAN Standard

    Structure

    The IBAN structure is defined in ISO 13616-1 and consists of:
    2-letter ISO 3166-1 country code
    2-check digits
    and up to 30 alphanumeric characters for a BBAN (Basic Bank Account Number) which has a fixed length per country and included within it, a bank identifier with a fixed position and a fixed length per country. The check digits are calculated based on the scheme defined in ISO/IEC 7064 (MOD97-10).

    Terms and definitions

    Bank Identifier: The identifier that uniquely identifies the financial institution and,
    when appropriate, the branch of that financial institution servicing an account in this
    registry, the branch identifier format is shown specifically, when present.

    BBAN: basic bank account number: The identifier that uniquely identifies an individual
    account, at a specific financial institution, in a particular country. The BBAN includes
    a bank identifier of the financial institution servicing that account.

    IBAN: international bank account number: The expanded version of the basic bank account
    number (BBAN), intended for use internationally. The IBAN uniquely identifies an individual
    account, at a specific financial institution, in a particular country.

  3. ISO 13616 – Compliant IBAN Formats

    This shows the IBAN format of each country that has implemented the IBAN standard. The
    countries are listed in alphabetical order.
List of the European IBAN Countries
Country Country Code Total IBAN Characters Including the Country Code
Albania AL 28 alphanumeric
Andorra AD 24 alphanumeric
Austria AT 20 alphanumeric
Azerbaijan AZ 28 alphanumeric
Belgium BE 16 alphanumeric
Bosnia & Herzegovina BA 20 alphanumeric
Bulgaria BG 22 alphanumeric
Costa Rica CR 21 alphanumeric
Croatia HR 21 alphanumeric
Cyprus CY 28 alphanumeric
Czech Republic CZ 24 alphanumeric
Denmark DK or FO or GL 18 alphanumeric
Dominican Republic DO 28 alphanumeric
Estonia EE 20 alphanumeric
Finland FI 18 alphanumeric
France FR 27 alphanumeric
Georgia GE 22 alphanumeric
Germany DE 22 alphanumeric
Gibraltar GI 23 alphanumeric
Greece GR 27 alphanumeric
Hungary HU 28 alphanumeric
Iceland IS 26 alphanumeric
Ireland IE 22 alphanumeric
Italy IT 27 alphanumeric
Latvia LV 21 alphanumeric
Liechtenstein LI 21 alphanumeric
Lithuania LT 20 alphanumeric
Luxembourg LU 20 alphanumeric
Macedonia MK 19 alphanumeric
Malta MT 31 alphanumeric
Moldova MD 24 alphanumeric
Monaco MC 27 alphanumeric
Montenegro ME 22 alphanumeric
The Netherlands NL 18 alphanumeric
Norway NO 15 alphanumeric
Poland PL 28 alphanumeric
Portugal PT 25 alphanumeric
Romania RO 24 alphanumeric
San Marino SM 27 alphanumeric
Serbia RS 22 alphanumeric
Slovakia SK 24 alphanumeric
Slovenia SI 19 alphanumeric
Spain ES 24 alphanumeric
Sweden SE 24 alphanumeric
Switzerland CH 21 alphanumeric
Turkey TR 26 alphanumeric
United Kingdom GB 22 alphanumeric


List of Non-European IBAN Countries
Country Country Code Total IBAN Characters Including the Country Code
Bahrain BH 22 alphanumeric
Brazil BR 29 alphanumeric
Guatemala GT 28 alphanumeric
Israel IL 23 alphanumeric
Jordan JO 30 alphanumeric
Kazakhstan KZ 20 alphanumeric
Kuwait KW 30 alphanumeric
Mauritania MR 27 alphanumeric
Mauritius MU 30 alphanumeric
Palestine PS 29 alphanumeric
Pakistan PK 24 alphanumeric
Qatar QA 29 alphanumeric
Saudi Arabia SA 24 alphanumeric
Tunisia TN 24 alphanumeric
United Arab Emirates AE 23 alphanumeric
Virgin Islands, British VG 24 alphanumeric




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