What is IBAN?

European Union within the framework of regulations, carried out between countries with the speed of money transfer to improve the quality and reduce costs for International Bank Account Number-IBAN name, bank account number in the international standard has been developed. IBAN is used for today 33 European countries.

In European countries, banks and other financial IBAN'ın purpose institutions through the money transfer is performed to prevent the errors and the resulting delays. Faster and the money transfer through IBAN an accurate account of the sender to the recipient's account later, so that errors arising from transactions in the waiting time and additional costs are eliminated.

IBAN Account Owner How To Ease?

Today each country and the bank's account number and length of the format is different. Another country or to transfer funds to bank customers, account numbers is not a specific standard, the money transfer people, they will make sure of the accuracy of the account number can not be.

Purchase of goods or services in question is a lot of invoices from different vendors on the side of the account number is located in different buildings, which will send money importing firms / individuals to make mistakes cause. As a result, monetary transfers take place with the wrong account number do not have the account number was incorrect, the money reaches the bank has emerged. Many operations are done for the correction of faulty operation, and prolonged duration of action to increase the cost.

IBAN bank account number to each of the countries of the account holder is given an IBAN. Each country has a specific format and standard encryption algorithm with a special IBAN'ın obtained in the two-digit "control number" are available. Another country or a customer who wants to transfer money to the bank, give to the bank in the hands IBAN'ı sender, the funds, the recipient's bank account before going to the recipient bank is controlled IBAN'ı sender. Send the money to the bank for IBAN is wrong and wrong actions would be blocked.

IBAN'ın Use

Ahmet Bey's living in Germany, Turkey's son, Ali, let's assume you want to send to the transfer.

1. Ali, if you do not know going to the X bank account IBAN number belongs to learn.
2. Ali, IBAN number is transmitted to the father.
3. The son of the account to transfer money from the learning IBAN'ını Y bank in Germany, go to the Ahmet Bey. Ahmet Bey's son given to officials in the bank IBAN'ını Y and tells you want to transfer to this account.
4. A bank official, Ahmet Bey is given by IBAN'ın right of the screen controls. Given that the money transfer IBAN occurs.

Money transfer through IBAN is correct, banks in Germany, from Y to transfer the message reaches the bank in Turkey Ahmet Bey's from X amount, the son of Ali's account automatically passes.


IBAN length as the 26 households in our country has been identified. Turkey IBAN'ın form below:

Country Code
Control Steps
Bank Code (5 digits)
Rez.Alan (1 household)
Account Number (16 digits)

TR
56
00061
0
0000012990022302

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