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The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders. It was originally adopted by the European Committee for Banking Standards, and was later adopted as ISO 13616:1997 and now as ISO 13616:2003. The official IBAN registrar under ISO 13616:2003 is SWIFT and the IBAN registry is currently at SWIFT.

The IBAN was developed to facilitate payments within the European Union. Customers, especially individuals and Small and medium enterprises, are frequently confused by differing national standards for bank account numbers. The IBAN is not yet used for Routing (disambiguation), because the IBAN has not been widely adopted outside Europe, among other reasons. The European Committee for Banking Standards expects that adoption may take up to ten years, so it remains necessary to use the current ISO 9362 Bank Identifier Code system (ISO 9362 or SWIFT code) in conjunction with the BBAN or IBAN.

At present, the United States does not participate in IBAN. Any adoption of the IBAN standard by U.S. banks would likely be initiated by ANSI ASC X9, the U.S. financial services standards development organization.

Currently all European non-CIS countries, as well as some African countries, and Turkey participate in the IBAN system, while the rest of the world remains outside of it. British dependencies (except Gibraltar and the Crown Dependencies) don't participate in the IBAN system.

The IBAN consists of a ISO 3166-1 alpha-2 country code, followed by two check digits (represented by kk in the examples below), and up to thirty alphanumeric characters for the domestic bank account number, called the BBAN (Basic Bank Account Number). It is up to each country's national banking community to decide on the length of the BBAN for accounts in that country, but its length must be fixed for any given country.

The IBAN must not contain spaces when stored electronically. When printed on paper, however, the norm is to express it in groups of four characters, the last group being of variable length.

==Examples== :B = bank code, S = sort code, C = account No. :B = bank code, C = account No. :The last 12 digits represent: B = bank code, C = account No. :B = bank code, S = sort code, C = account No., K = check digits :B = alphanumeric bank code (first four letters of SWIFT BIC), S = Branch (BAE) number, D = numeric account type, C = alphanumeric account No. Introduced on June 5, 2006. :B = bank code, C = account No. :B = bank code, S = sort code, C = account No. :B = bank code, C = account No. :B = bank No., C = account No. :B = bank code, C = account No., K = check digit :Same as Denmark, except for the country code. :B = bank code, branch number and account type, C = account No., K = check digit of the Finnish account numbering scheme. :B = bank code, G = branch code (branch), C = account No. :B = sort code (BLZ), C = account No. :B = first part of BIC, C = account No. :K = check digits of the Greek account numbering scheme, B = bank code and branch number, C = account No. :Same as Denmark, except for the country code. :B = bank code, C = account No. :The first 4-digit group represents the bank code, the next two 4-digit goups represent the account and the last ten digits are the account holder's unique ID number, issued by the Bureau of Statistics. :The first 4 alphanumeric characters are the start of the SWIFT code. Then a 6 digit long sort code and an 8 digit account code follow, both numeric. :The first 11 alphanumeric characters represent the bank A is the CIN (or CIN BBAN to distinguish from "kk" called CIN IBAN). So: IT is the country, kk is the CIN EU, A the CIN IT, BBBBB is the ABI, CCCCC is the CAB, and the last 12 digits the account. :The first two letters (LV) means Latvia, next is 2 control digits, after bank's SWIFT code, next is account individual number (which can include both letters and numbers). :Same as Switzerland except for the country code. :B = bank code, C = account No. :B = bank code, C = account No. :B = bank code, C = account No., K = check digits :B = fist part of BIC, S = sort code, C = account No. :Same as France except for the country code. :BBB = Bank Code, AAA = Area code, C = Account number, KK = "key" :The first 4 alphanumeric characters represent a bank and the last 10 digits an account. :The first 4 alphanumeric characters represent a bank and the last 11 digits an account. : B = bank code (1-3 Bank code, 4-7 Sort Code), C = account No., kk = check digits. There are no letters in the code. The single "k" after bank code is the now redundant check digit of the former system, preserved in IBAN. :B = bank code (1-4 bank, 5-8 branch; some banks don't identify the branch and use '0000' for digits 5-8), C = account No., K = check digits. As a matter of fact, due to the fact that Portuguese BBAN uses the same validation checksum as IBAN (ISO 7064 mod 97-10 calculation), Portuguese IBAN always start by PT50, followed by the 21-digit BBAN (or NIB, Número de Identificação Bancária). :The first 4 alphanumeric characters represent the bank; according to a rule established by the Romanian National Bank, the BBBB code must be the same with the first 4 characters of the Bank_Identifier_Code. The last 16 represent the specific bank branch and an account, combined any way the bank decides (typically the first 4 among the 16 identify the branch). Some banks include the ISO 4217 currency identifier somewhere in the account name. :Same as Italy except for the country code. :B = bank code, C = account No. :B = bank code, C = account No. :The first 2 BB digits represent a bank, the next 3 - the branch. The last 2 digits (KK) are the check digits. IBAN check digits (kk) for Slovenia are 5 and 6. :B = bank code, G=Branch/office number, K=Check digits, C = account No. :The Bs represent the bank code and the Cs the account number. :B = bank code, C = account No. :The total number of alphanumeric characters including the country code and the check digits is 26. The first 5 digits represent a bank. The next alphanumeric character, reserved for future use, is set to zero. The following 16 alphanumeric characters represent the specific bank branch and an account. The issuing start date of the Turkish IBAN was: September 1, 2005 . :B = bank code, C = account No. :B = alphabetical bank code, S = sort code (often a specific branch), C = account No.

Calculating and Validating IBAN checksums The checksum is a basic ISO 7064 mod 97-10 calculation where the remainder must equal 1.

To validate the checksum:

  • Check that the total IBAN length is correct as per the country. If not, the IBAN is invalid.
  • Move the four initial characters to the end of the string.
  • Replace the letters in the string with digits, expanding the string as necessary, such that A=10, B=11 and Z=35.
  • Convert the string to an integer and mod-97 the entire number.


    • If the remainder is 1 you have a valid IBAN number.

    To calculate the checksum, make the checksum digits 00 (e.g. GB00 for the UK), move the four initial character tothe end of the string, get the remainder (mod-97) and subtract from 98.

    See also

    External links The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders. It was originally adopted by the European Committee for Banking Standards, and was later adopted as ISO 13616:1997 and now as ISO 13616:2003. The official IBAN registrar under ISO 13616:2003 is SWIFT and the IBAN registry is currently at SWIFT.

    The IBAN was developed to facilitate payments within the European Union. Customers, especially individuals and Small and medium enterprises, are frequently confused by differing national standards for bank account numbers. The IBAN is not yet used for Routing (disambiguation), because the IBAN has not been widely adopted outside Europe, among other reasons. The European Committee for Banking Standards expects that adoption may take up to ten years, so it remains necessary to use the current ISO 9362 Bank Identifier Code system (ISO 9362 or SWIFT code) in conjunction with the BBAN or IBAN.

    At present, the United States does not participate in IBAN. Any adoption of the IBAN standard by U.S. banks would likely be initiated by ANSI ASC X9, the U.S. financial services standards development organization.

    Currently all European non-CIS countries, as well as some African countries, and Turkey participate in the IBAN system, while the rest of the world remains outside of it. British dependencies (except Gibraltar and the Crown Dependencies) don't participate in the IBAN system.

    The IBAN consists of a ISO 3166-1 alpha-2 country code, followed by two check digits (represented by kk in the examples below), and up to thirty alphanumeric characters for the domestic bank account number, called the BBAN (Basic Bank Account Number). It is up to each country's national banking community to decide on the length of the BBAN for accounts in that country, but its length must be fixed for any given country.

    The IBAN must not contain spaces when stored electronically. When printed on paper, however, the norm is to express it in groups of four characters, the last group being of variable length.

    ==Examples== :B = bank code, S = sort code, C = account No. :B = bank code, C = account No. :The last 12 digits represent: B = bank code, C = account No. :B = bank code, S = sort code, C = account No., K = check digits :B = alphanumeric bank code (first four letters of SWIFT BIC), S = Branch (BAE) number, D = numeric account type, C = alphanumeric account No. Introduced on June 5, 2006. :B = bank code, C = account No. :B = bank code, S = sort code, C = account No. :B = bank code, C = account No. :B = bank No., C = account No. :B = bank code, C = account No., K = check digit :Same as Denmark, except for the country code. :B = bank code, branch number and account type, C = account No., K = check digit of the Finnish account numbering scheme. :B = bank code, G = branch code (branch), C = account No. :B = sort code (BLZ), C = account No. :B = first part of BIC, C = account No. :K = check digits of the Greek account numbering scheme, B = bank code and branch number, C = account No. :Same as Denmark, except for the country code. :B = bank code, C = account No. :The first 4-digit group represents the bank code, the next two 4-digit goups represent the account and the last ten digits are the account holder's unique ID number, issued by the Bureau of Statistics. :The first 4 alphanumeric characters are the start of the SWIFT code. Then a 6 digit long sort code and an 8 digit account code follow, both numeric. :The first 11 alphanumeric characters represent the bank A is the CIN (or CIN BBAN to distinguish from "kk" called CIN IBAN). So: IT is the country, kk is the CIN EU, A the CIN IT, BBBBB is the ABI, CCCCC is the CAB, and the last 12 digits the account. :The first two letters (LV) means Latvia, next is 2 control digits, after bank's SWIFT code, next is account individual number (which can include both letters and numbers). :Same as Switzerland except for the country code. :B = bank code, C = account No. :B = bank code, C = account No. :B = bank code, C = account No., K = check digits :B = fist part of BIC, S = sort code, C = account No. :Same as France except for the country code. :BBB = Bank Code, AAA = Area code, C = Account number, KK = "key" :The first 4 alphanumeric characters represent a bank and the last 10 digits an account. :The first 4 alphanumeric characters represent a bank and the last 11 digits an account. : B = bank code (1-3 Bank code, 4-7 Sort Code), C = account No., kk = check digits. There are no letters in the code. The single "k" after bank code is the now redundant check digit of the former system, preserved in IBAN. :B = bank code (1-4 bank, 5-8 branch; some banks don't identify the branch and use '0000' for digits 5-8), C = account No., K = check digits. As a matter of fact, due to the fact that Portuguese BBAN uses the same validation checksum as IBAN (ISO 7064 mod 97-10 calculation), Portuguese IBAN always start by PT50, followed by the 21-digit BBAN (or NIB, Número de Identificação Bancária). :The first 4 alphanumeric characters represent the bank; according to a rule established by the Romanian National Bank, the BBBB code must be the same with the first 4 characters of the Bank_Identifier_Code. The last 16 represent the specific bank branch and an account, combined any way the bank decides (typically the first 4 among the 16 identify the branch). Some banks include the ISO 4217 currency identifier somewhere in the account name. :Same as Italy except for the country code. :B = bank code, C = account No. :B = bank code, C = account No. :The first 2 BB digits represent a bank, the next 3 - the branch. The last 2 digits (KK) are the check digits. IBAN check digits (kk) for Slovenia are 5 and 6. :B = bank code, G=Branch/office number, K=Check digits, C = account No. :The Bs represent the bank code and the Cs the account number. :B = bank code, C = account No. :The total number of alphanumeric characters including the country code and the check digits is 26. The first 5 digits represent a bank. The next alphanumeric character, reserved for future use, is set to zero. The following 16 alphanumeric characters represent the specific bank branch and an account. The issuing start date of the Turkish IBAN was: September 1, 2005 . :B = bank code, C = account No. :B = alphabetical bank code, S = sort code (often a specific branch), C = account No.

    Calculating and Validating IBAN checksums The checksum is a basic ISO 7064 mod 97-10 calculation where the remainder must equal 1.

    To validate the checksum:

  • Check that the total IBAN length is correct as per the country. If not, the IBAN is invalid.
  • Move the four initial characters to the end of the string.
  • Replace the letters in the string with digits, expanding the string as necessary, such that A=10, B=11 and Z=35.
  • Convert the string to an integer and mod-97 the entire number.


    • If the remainder is 1 you have a valid IBAN number.

    To calculate the checksum, make the checksum digits 00 (e.g. GB00 for the UK), move the four initial character tothe end of the string, get the remainder (mod-97) and subtract from 98.

    See also

    External links

     

    International Bank Account Number



     
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