IBAN

​International standard (ISO 13616) for bank account identification. Using IBAN allows for automated transaction processing (STP), ensures data accuracy and enhances standardization.

IBAN structure
The IBAN is composed of a string of characters indicating the bank account number, bank and branch ID, country code and two checksum digits, as described below:

 
IBAN structure - General
 
Account number​ Branch ID​ Bank ID​ Checksum​ Country code​
​Up to 30 characters ​ ​ 2 characters​ 2 characters​
 
IBAN structure - In Israel
 
Account number​
Branch ID​ Bank ID​
Checksum​
Country code​
AAAAAAAAAAAAA​ SSS​ BBB​ YY​ IL​
13 characters​ 3 characters​
3 characters​
2 characters​ 2 characters​

 

 

 

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