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SEPA without worries: we take all exceptions into account. The advatages:
IBAN is the abbreviation for International Bank Account Number and is a consequence of the SEPA (Single European Payment Area) rules and regulations.
An IBAN number is needed to be able to make international credit transfers. The IBAN is in fact a very important piece of information. An IBAN consists of 34 characters which also always includes your current bank account number.
The IBAN consists of letters and numbers:
- Country Code (2 letters)
- 2 control digits
- Account number or account identification
To make the IBAN easy readable, it is presented in groups of 4 characters with e.g. NL05 1234 1234 1234 00.
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