What is an IBAN?
An ΙΒΑΝ (International Bank Account Number) is used to identify a bank account according to the specifications set by the European Committee for Banking Standards. An ΙΒΑΝ can be generated for any given account by the respective Bank.
Using an IBAN makes it easier to automatically process the transfer of funds between countries. This system ensures correct transmission of an account number.
Using an IBAN makes it easier to automatically process the transfer of funds between countries. This system ensures correct transmission of an account number.
