IBAN Examples in Electronic Format

To ensure all parties involved in European cross-border payments gain the benefits available from the use of IBANs, European directives have been passed to enforce their use.

With effect from 01/01/2006, you must provide the beneficiary's IBAN and receiving bank SWIFTBIC (Bank Identifier Code) for all International Payments in Euros to EU Member States (25 countries), Iceland, Liechtenstein, Norway and Switzerland in accordance with the European Directives.

You and your European trading partners may also benefit from reduced charges for payments in Euros between EU Member States if a valid IBAN is quoted in your payment instruction in conjunction with the beneficiary bank's SWIFTBIC.

European Member States and Example of their IBAN's

You must provide the beneficiary's IBAN and receiving bank SWIFTBIC (Bank Identifier Code) for all International Payments in Euros to the 25 EU Member States plus Iceland, Liechtenstein, Norway and Switzerland in accordance with European Directives.

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