What is the difference between an IBAN and a normal bank account number?

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(Michelle Gjerde) #1

What is the difference between an IBAN and a normal bank account number?


(Abdullah Al Khalaf) #2

An IBAN can always be distinguished from a normal customer account number by the following:

Two letters at the beginning of the IBAN, which refer to the country code where the account resides;

Two numbers (in the third and fourth position of the IBAN), which represent the check digit;

Three numbers (after the check digits) to identify the respective bank where the beneficiary maintains his/her account; and

The length of the IBAN is 2 3 characters.


(Daniel Mc Queen) #3

@abdullahalkhalaf is right and here is an example, an IBAN of a normal account number of AED 01123456701 is:

AE47 0440 0000 0112 3456 701

And it comprises of:

  • AE” - the country code
  • 47” - the two check digits
  • 044” - Standard Chartered UAE bank identifier
  • 000” - preceding zeros
  • 00” - the currency code
  • 01123456701” - normal account number

Based on the above the IBAN for the UAE will be 23 characters. The diagram below shows the various components of the UAE IBAN.