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