IBAN Checker v1.0.0
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What is IBAN Checker?
An IBAN Checker is a tool or service that verifies the validity of an International Bank Account Number (IBAN). The IBAN is a standardized international format for identifying bank accounts across borders. It consists of a country code, a two-digit checksum, and a unique combination of alphanumeric characters that represent the specific bank and account.
The primary purpose of an IBAN Checker is to ensure that an IBAN provided by an individual or business adheres to the correct structure and is mathematically accurate. It performs a series of checks, including verifying the length, format, and checksum of the IBAN, as well as confirming that the country code corresponds to the correct country.
IBAN Checkers are commonly used by banks, financial institutions, and individuals to prevent errors when making international money transfers or payments. By confirming the accuracy of the IBAN, users can reduce the risk of funds being sent to the wrong account due to typos or other mistakes in the account number. This helps improve the efficiency and security of international financial transactions.
The tool is provided for informational purposes only. Whilst every effort is made to provide accurate data, users must acknowledge that this website accepts no liability whatsoever with respect to its accuracy. Only your bank can confirm the correct bank account information. If you are making an important payment, which is time critical, we recommend to contact your bank first.
What is IBAN?
IBAN stands for International Bank Account Number. It is a standardised international format for identifying bank accounts. The IBAN is used to facilitate and standardize cross-border financial transactions, making it easier to process international payments accurately.
An IBAN typically consists of:
- A two-letter country code: This represents the country where the bank account is held.
- Two check digits: These are used for error detection, ensuring the integrity of the IBAN.
- Bank and branch identifiers: These alphanumeric characters help identify the specific bank and branch where the account is held.
- Account number: This is the customer's unique account number within that bank.
The IBAN format can vary in length from country to country, but it is designed to provide a consistent and structured way of representing bank account information worldwide. It is primarily used in European countries and many other parts of the world for international money transfers and to help prevent errors when entering account information for cross-border transactions.
BIN holds information of: brand of the card ( Visa, Master Card, …), name of the issuing institution/ bank, country of issuance, type of the card (Debit / Credit), category of the card