An International Bank Account Number (IBAN) is a standardized international code used to identify bank accounts across national borders. It helps in facilitating cross-border payments by making the process more efficient and less error-prone. An IBAN contains information about the country, the bank, and the account number.
What are the differences between an account number and an IBAN?
How many digits should be there in an IBAN?
Is SWIFT/BIC required if IBAN is there?
How to handle a 23-digit IBAN when the payer's bank requires a 24-digit IBAN for payment?