The IBAN (international bank account number) is useful for making interstate credit transfers easy.
The IBAN standard provide the means to capture and automatic check of those account numbers.
The european rules establish that charges on interstate credit transfers up to 12,500 € must be just like those corresponding on domestic payments, whenever IBAN and BIC (bank identification code) were provided.
|PP CC X(30)|
|PP||Country code according ISO 3166-1 standard|
|CC||Control digits according ISO 13616 standard|
|X(30)||Domestic current account; up to 30 alphanumeric characters (0-9 and A-Z, uppercase)|
Control digits computing method:
Compte corrent local: 54632X84
1/1/2013 11:23:04 GMT+0000