Difference between revisions of "International Bank Account Number"
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Revision as of 23:03, 10 February 2020
Definition
International Bank Account Number. (IBAN) It is an account number written in a standardized and internationally recognized format which is used to identify an individual account, making it faster and easier to process cross-border transactions across Europe. An IBAN is made up of a code that identifies the country the account belongs to, the bank the account belongs to, followed by the account number.