Open IBAN accounts globally

Open IBAN account in the UK or the Eurozone. If you're doing business internationally it can come in handy to open an IBAN account in other countries. This is possible with B2B Pay. We can do this in various currencies.

IBAN stands for International Bank Account Number, which is an international banking system for bank account numbers. IBAN makes international transactions easier in many countries.

As opposed to a BIC code, which refers to a specific bank, IBAN refers to a specific bank account.
IBAN is used in all European countries (except Russia and Belarus) and dozen of non-European countries. Inside the European SEPA zone zone it's very convenient to transfer money to other countries.

IBAN makes cross border transactions a lot easier. It was initially adopted by the ECBS (European Committee for Banking Standards) to facilitate payments within the EU and later became an international standard, ISO 13616:1997. The current standard is ISO 13616:2007. As of early 2016 it's in use in 69 countries, besides Europe especially countries in the Caribbean and the Middle East use the IBAN numbering system.

Structure of IBAN numbers

An IBAN account number consists of maximum 35 alphanumerical characters and has a fixed length per country. The first two characters indicate the country code. Then there is a checksum of 2 numbers and then a national account number.

As opposed to BIC, which refers to a specific bank, IBAN refers to a specific bank account.

Within the European SEPA zone IBAN numbers are used, but also in for example Brazil.

IBAN countries 2016 map

IBAN countries in Europe, 2016

Country Length of IBAN
Albania 28
Andorra 24

Austria

20
Belgium 16
Bosnia and Herzegovina 20

Bulgaria

22

Croatia

21
Cyprus 28

Czech Republic

24

Denmark

18

How to open a bank account in Denmark

20
Faroe Islands 18

Finland

18

France

27
Georgia 22

Germany

22
Gibraltar 23

Greece

27
Greenland 18
Guernsey 22

Hungary

28
Iceland 26
Ireland 22
Isle of Man 22

Italy

27
Jersey 22
Kosovo 20

Latvia

21
Liechtenstein 21

Lithuania

20
Luxembourg 20
Macedonia 19
Malta 31
Moldova 24
Monaco 27
Montenegro 22

Netherlands

18
Norway 15

Poland

28
Portugal 25

Romania

24
San Marino 27
Serbia 22

Slovakia

24

Slovenia

19

Spain

24

Sweden

24
Switzerland 21
Ukraine 29

United Kingdom

22

Non-European IBAN countries 2016

Country Length of IBAN
Algeria 24
Angola 25
Azerbaijan 28
Bahrain 22
Benin 28
Brazil 29
British Virgin Islands 24
Burkina Faso
Burundi 16
Cameroon 27
Cape Verde
Central African Republic
Congo 27
Costa Rica
Dominican Republic
Egypt 27
French Guiana
French Polynesia
Gabon 27
Guadeloupe 27
Guatemala 28
Iran 26
Israel 23
Ivory Coast
Jordan 30
Kazakhstan 20
Kuwait 30
Lebanon 28
Madagascar 27
Mali 28
Martinique 27
Mauritania 27
Mauritius 30
Mozambique 25
New Caledonia
Pakistan 24
State of Palestine
Qatar 29
Réunion 27
Saint-Pierre and Miquelon
Sao Tome and Principe
Saudi Arabia
Senegal 28
Timor-Leste 23
Tunisia 24
Turkey 26
United Arab Emirates
Wallis and Futuna

Virtual bank accounts

With the IBAN system virtual bank accounts have become more popular. With many banks you can request additional IBAN numbers for your bank account.

Virtual accounts have also led to new innovation such as B2B Pay's European virtual bank account that lets you receive business payments for a much better fee than what a normal wire transfer would cost you - and which will include a way to automate the whole process thanks to our payments API.

Sign up with B2B Pay

Introduction by the EPC

Here's a thorough yet brief overview of IBAN by the European Payments Council, in less than 3 minutes.

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How to open a bank account in Europe

We have a few guides to guide you through the process of opening a bank account in multiple European countries and explaining why a virtual bank account with B2B Pay may be a better alternative if you are transferring money outside of Europe and taking advantage of a better rate.



How to open a bank account overseas

We have a few guides to guide you through the process of opening a bank account in multiple countries all over the world and explaining why a virtual bank account with B2B Pay may be a better alternative if you are transferring money outside of Europe and taking advantage of a better rate.


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