You join over 2 million customers who transfer in 47 currencies across 70 countries. Your money is protected with bank-level security.You move your money as fast as the banks, and often faster – some currencies go.You get a great exchange rate and a low, upfront fee every time.If you don’t use the right IBAN number, your payment might be returned or sent to the wrong account. You can either work out your IBAN based on the example above, or find everything you need by logging into Dubai Islamic Bank online banking, or checking your bank statement. We recommend you use Wise (formerly TransferWise), which Finding the right IBAN number is crucial, but shouldn’t be difficult. When you send or receive an international transfer with your bank, you might lose money on aīad exchange rate and pay hidden fees as a result. The downside of international transfers with your bank Automating payment validations can greatly reduce the loss in bank fees for failed/bounced payments.īoth enterprises and small businesses can benefit by our service with our cost-effective pricing plans. Increasing the success rate of payments is critical to provide higher quality financial services. Our system can respectively identify 97 distinct data structures and perform IBAN format, check digit and length validations. The IBAN checker engine supports 97 total countries and all 37 SEPA countries. The individual countries and formatting are described in the official ISO IBAN registry Examples. The IBAN structure is defined by the international standard under ISO 13616-1:2007 and check digits are performed using MOD 97 (ISO 7064). What is the definition of IBAN? The IBAN consists of up to 32 alphanumeric characters, comprising a country code, two check digits and a long and detailed bank account number used in bank wire transfers. In short it is the ability to determine the correct BIC code from a given IBAN number. Payment data validation also includes another important step in bank validation, the IBAN number to BIC Code conversion ( BIC Codes are managed by SWIFT network ). You may also freely use our IBAN Validation demo to check an IBAN number. Our company specializes in providing a secure way to verify and safely pay via International Bank Account Numbers. IBAN Number verification is successfully used by our clients to improve money transfers worldwide.īy integrating our tools in your software you can check IBAN, verify BBAN and effectively decrease financial transaction errors. The bank details database currently contains detailed branch information for 40 countries. We currently can perform domestic account validation algorithm tests on 36 countries which add a second layer of protection against invalid IBAN data. If the entered IBAN is valid our platform attempts to identify the bank owning this account,country,address and Business Identifier Code (BIC) and more bank details. Our platform performs various mathematical checksum calculations in order to determine if the bank account you entered is valid. provides Software as a Service (SaaS) solutions designed to validate and calculate International Bank Account Number (IBAN).
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