What is an International Bank Account Number (IBAN)?
IBANs are used by banks of other member or joining countries of the European Union, the European Economic Area, Switzerland as well as a few others. A list of all IBAN compliant countries is available.
Using the IBAN is an internationally agreed method for transactions between banks located in different countries. It provides a simple means for foreign banks to check the validity of your bank account number.
An IBAN is always used in conjunction with your BIC (Bank Identifier Code).
