An IBAN consists of a two-letter country code, two check digits and a Basic Bank Account Number (BBAN). A BBAN includes information about the domestic bank and account number. The IBAN print format adds one space after every four characters whereas the electronic format contains no spaces.
LU28 0019 4006 4475 0000
|ISO Country Code||LU (Luxembourg)|
|IBAN check Digits||28|
|BBAN||0019 4006 4475 0000|
Many countries use the International Bank Account Number (IBAN) as a standardized format for how bank account information is presented when sending an international money transfer. The IBAN examples and formats found on this site are based on the SWIFT IBAN Registry.
The IBAN code stands for International Bank Account Number, a unique set of characters made up of up to 34 letters and numbers that helps banks process transfers around the world. Banks and other institutions use IBANs to identify individual accounts. They combine your local bank details into one string of characters, making it easy to identify your account when sending or receiving money.
You can usually find your IBAN number by logging into your online banking, or checking your bank statement. If you want to send money overseas, it's important that you use the correct IBAN code. If you get it wrong, your bank might charge you for an invalid payment or send your money to the wrong destination.
If you’re sending or receiving money internationally, most European banks will ask for an International Bank Account Number (IBAN). The IBAN is the safest, most efficient way to make sure your money gets to where it needs to be. More banks around the world are starting to adopt this system, but you may need more details when sending money to another country.
Do you have questions about IBAN numbers? Read our FAQs to learn more.
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