The IBAN consists of up to 34 alphanumeric characters comprising a country code two check digits and a number that includes the domestic bank account number, branch identifier, and potential routing information. As of May 2020, 77 countries were using the IBAN numbering system. Initially developed to facilitate payments within the European Union, it has been implemented by most European countries and numerous countries in other parts of the world, mainly in the Middle East and the Caribbean. The current standard is ISO 13616:2020, which indicates SWIFT as the formal registrar. It was originally adopted by the European Committee for Banking Standards (ECBS) and later as an international standard under ISO 13616:1997. An IBAN uniquely identifies the account of a customer at a financial institution. The International Bank Account Number ( IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors.
A typical British bank statement header (from a fictitious bank), showing the location of the account's IBAN
0 kommentar(er)
