Sat. May 25th, 2024
iban structure

International Bank Account Number (IBAN) is an internationally recognized standard for identifying bank accounts. It is a unique identifier that is used to make sure that cross-border transactions are processed correctly and efficiently. In this article, we will take a closer look at the structure of IBAN and provide some examples to help you understand how it works.

IBAN Structure:

CountryCodeSEPALengthAccount CheckBranchIBAN Example
AlbaniaALNo28yesAL118818470068003887543745
AndorraADYes24yesAD1400080987501234567890
AustriaATYes20yesyesAT067558121820995864
AzerbaijanAZNo28AZ6999CKG00098770001234567890
BahrainBHNo22BH09KWJE000194860101611
BelarusBYNo28BY78QQQQ10109762003884000000
BelgiumBEYes16yesyesBE76400773456769
Bosnia and HerzegovinaBANo20yesyesBA512638515252111234
BrazilBRNo29yesBR6100330059500010930449914P2
BulgariaBGYes22yesBG35HMZR91550123456789
Costa RicaCRNo22yesCR093154184100358012345
CroatiaHRYes21yesHR45996300001101234565
CyprusCYYes28yesCY8200751950004775001234567
Czech RepublicCZYes24yesCZ8008000000001234567899
DenmarkDKYes18yesyesDK4170000123456789
Dominican RepublicDONo28DO8999JVU00000000000123456789
EgyptEGNo29EG280000400156789012345180002
El SalvadorSVNo28SV43ACAT00000000000000123123
EstoniaEEYes20yesyesEE471000001020145685
Faroe IslandsFONo18yesyesFO9264600123456789
FinlandFIYes18yesyesFI1410093000123458
FranceFRYes27yesyesFR7630006000011234567890189
GeorgiaGENo22GE60NB0000000123456789
GermanyDEYes22yesyesDE75512108001245126199
GibraltarGIYes23yesGI04BARC000001234567890
GreeceGRYes27yesGR9608100010000001234567890
GreenlandGLNo18yesyesGL8964710123456789
GuatemalaGTNo28GT20AGRO00000000001234567890
Holy See (the)VAYes22VA59001123000012345678
HungaryHUYes28yesyesHU93116000060000000012345676
IcelandISYes26yesyesIS750001121234563108962099
IraqIQNo23IQ20CBIQ861800101010500
IrelandIEYes22yesyesIE64IRCE92050112345678
IsraelILNo23yesyesIL170108000000012612345
ItalyITYes27yesyesIT60X0542811101000000123456
JordanJONo30yesJO71CBJO0000000000001234567890
KazakhstanKZNo20KZ563190000012344567
KosovoXKNo20yesyesXK051212012345678906
KuwaitKWNo30KW81CBKU0000000000001234560101
LatviaLVYes21LV97HABA0012345678910
LebanonLBNo28LB92000700000000123123456123
LibyaLYNo25LY38021001000000123456789
LiechtensteinLIYes21yesyesLI7408806123456789012
LithuaniaLTYes20yesLT601010012345678901
LuxembourgLUYes20LU120010001234567891
MaltaMTYes31yesMT31MALT01100000000000000000123
MauritaniaMRNo27yesyesMR1300020001010000123456753
MauritiusMUNo30yesMU43BOMM0101123456789101000MUR
MoldovaMDNo24MD21EX000000000001234567
MonacoMCYes27yesyesMC5810096180790123456789085
MontenegroMENo22yesME25505000012345678951
NetherlandsNLYes18yesyesNL02ABNA0123456789
North MacedoniaMKNo19yesMK07200002785123453
NorwayNOYes15yesyesNO8330001234567
PakistanPKNo24PK36SCBL0000001123456702
PalestinePSNo29PS92PALS000000000400123456702
PolandPLYes28yesyesPL10105000997603123456789123
PortugalPTYes25yesyesPT50002700000001234567833
QatarQANo29QA54QNBA000000000000693123456
RomaniaROYes24RO09BCYP0000001234567890
Saint LuciaLCNo32LC14BOSL123456789012345678901234
San MarinoSMYes27yesyesSM76P0854009812123456789123
Sao Tome and PrincipeSTNo25ST23000200000289355710148
Saudi ArabiaSANo24SA4420000001234567891234
SerbiaRSNo22yesRS35105008123123123173
SeychellesSCNo31SC52BAHL01031234567890123456USD
Slovak RepublicSKYes24yesSK8975000000000012345671
SloveniaSIYes19yesyesSI56192001234567892
SpainESYes24yesyesES7921000813610123456789
SudanSDNo18SD8811123456789012
SwedenSEYes24yesyesSE7280000810340009783242
SwitzerlandCHYes21yesyesCH5604835012345678009
Timor-LesteTLNo23yesTL380010012345678910106
TunisiaTNNo24yesyesTN5904018104004942712345
TurkeyTRNo26yesTR320010009999901234567890
UkraineUANo29yesUA903052992990004149123456789
United Arab EmiratesAENo23AE460090000000123456789
United KingdomGBYes22yesyesGB33BUKB20201555555555
Virgin Islands, BritishVGNo24VG21PACG0000000123456789

An IBAN is made up of up to 34 alphanumeric characters, which can be divided into four parts:

  1. Country Code: The first two characters of an IBAN identify the country in which the account is held. For example, the country code for accounts in the United Kingdom is “GB”.
  2. Check Digits: The next two characters of an IBAN are check digits, which are used to validate the accuracy of the IBAN. These check digits are calculated using a specific algorithm and can be used to quickly verify that an IBAN is correct.
  3. Bank Identifier: The next characters of an IBAN are the bank identifier, which is used to identify the bank where the account is held. This is usually a combination of letters and numbers that is unique to each bank.
  4. Account Number: The final part of an IBAN is the account number, which is used to identify the account holder. This can be either a series of numbers or a combination of numbers and letters.

Examples of IBAN

Here are some examples of IBAN to help illustrate how they are structured:

  1. GB29 NWBK 601613 319268 19
  • Country code: GB
  • Check digits: 29
  • Bank identifier: NWBK 601613
  • Account number: 31926819
  1. DE89 3704 0044 0532 0130 00
  • Country code: DE
  • Check digits: 89
  • Bank identifier: 3704004405
  • Account number: 5232013000
  1. NL91 ABNA 0417 1643 00
  • Country code: NL
  • Check digits: 91
  • Bank identifier: ABNA 0417 1643 00
  • Account number: N/A

It is important to note that the structure and format of IBAN may vary between countries. However, the overall purpose and functionality of IBAN remains the same across all countries that use it.

In conclusion, IBAN is a critical tool for identifying bank accounts and facilitating cross-border transactions. By understanding the structure and format of IBAN, as well as some examples, you can ensure that your transactions are processed correctly and efficiently. Whether you are a business owner or an individual, it is important to be familiar with IBAN and how it can be used to make your financial transactions more secure and streamlined.