International Bank Account Number (IBAN) - Financial definition
Financial acronyms
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Concise definition of the term International Bank Account Number
Internationally agreed standard for identifying bank accounts with the purpose of facilitating the processing of cross-border transactions. It was originally adopted by the ECBS and later became an international standard, adopted by 69 countries (2016).
Comprehensive definition of the term International Bank Account Number
The IBAN can consist of up to 34 characters and is structured as follows: