IBAN stands for International Bank Account Number. It is a standardized account identifier used in many countries to help route payments to the correct account.
What does an IBAN contain?
The exact structure varies by country but commonly includes a country code, check digits and information identifying the relevant bank and account.
Is an IBAN the same as a SWIFT code?
No. An IBAN identifies an account using the IBAN standard, while SWIFT/BIC information identifies financial institutions within the SWIFT messaging ecosystem.
Where do you find an IBAN?
If an account uses an IBAN, it is normally available through the provider account details, statement or payment instructions.
Always copy payment details carefully and verify them through an appropriate trusted channel before sending substantial funds.