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How to Correctly Write the IBAN Code for a Bank Transfer: Examples and Tips

The IBAN (International Bank Account Number) is an international bank identification number that uniquely identifies a bank account. It consists of a sequence of alphanumeric and numbers that identify the bank and the current account to which the transfer is connected. To make a successful online transfer, you need to know exactly how to write the IBAN code. In this article, we will offer advice on how to correctly write the IBAN code for a bank transfer, also providing an example of an IBAN code.

How to Correctly Write the IBAN Code for a Bank Transfer: Examples and Tips

The IBAN code is a unique code that uniquely identifies a bank account internationally. It was introduced in 1986 by a decree of the European Commission to reduce errors in transcription of bank accounts. IBANs consist of a sequence of alphanumeric and numbers that identify the bank and the current account to which the transfer is connected.

How to Find a Person’s IBAN Code

To make an online transfer, you need to know the IBAN code of the account to which you want to send the funds. A person’s IBAN code can be found in several ways. The first option is to ask directly to the recipient of the transfer, who should provide the IBAN of their bank account. Another option is to contact the recipient’s bank to obtain the IBAN code. In addition, you can use an IBAN lookup application such as IBAN Checker to find a person’s IBAN code.

How to spell the IBAN code correctly

To write the IBAN code correctly, it is necessary to know the sequence of alphanumeric and numbers that identify the bank and the current account to which the transfer is connected.

The IBAN code consists of 4 parts: an alphanumeric part that identifies the bank, a numerical part that identifies the account number
, an alphanumeric part that identifies the bank and a numerical part that identifies the account number. The IBAN code must be written all attached, without spaces between the various parts.

IBAN Code Example

An example IBAN code is ITALXXX123456123456123456. In the IBAN code, “ITAL” identifies the bank, while the subsequent numbers identify the account number. In the IBAN code above, “123456” is the account number, while “123456” is the verification number.

How Many Digits Does an IBAN Code Contain?

The number of digits contained in an IBAN varies depending on the country in which it was issued. In Italy, an IBAN code has a length of 27 characters, consisting of letters and numbers. The Italian IBAN code consists of 2 letters that identify the country, 2 digits that identify the bank, 5 digits that identify the account number, a control letter and, finally, a series of control digits.

How to Write IBAN with Spaces

Although it is advisable to write the IBAN code without spaces, some banks may require that the IBAN be divided into four-digit groups with a space between them. If necessary, you can write the IBAN code with spaces. However, it is important to make sure that you provide the correct IBAN code to the recipient of the transfer.

Conclusion

Writing the IBAN code correctly for a wire transfer is important to ensure that funds are sent to the correct recipient. In this article, we have offered advice on how to write the IBAN code for a bank transfer, also providing an example of an IBAN code. In addition, we explained how to find a person’s IBAN code, how to write IBAN with spaces and how many digits an IBAN code contains. If you need to send a wire transfer, it is important to make sure you write the IBAN code correctly to avoid problems.

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