Do my existing account number become invalid with the introduction of IBAN?

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(Michelle Gjerde) #1

Do my existing account number become invalid with the introduction of IBAN?


(Abdullah Al Khalaf) #2

No, your existing account number(s) will continue to be valid. IBAN is not a new account number. It simply represents the existing account number in a recognizable ISO standard format. The adoption of IBAN in UAE does not require changing or replacing the existing account numbers.